Pound-Dollar News Directory

The Dollar was crumbling on Wednesday after having broken through a technical support level that broke its fall last week and was on route toward its 2020 lows ahead of the June Federal Reserve (Fed) policy update that will dictate the mood in markets into the weekend.

June 10,2020

The Pound-to-Dollar rate was lower and the greenback in comeback mode Tuesday as caution prevailed ahead of the latest Federal Reserve (Fed) policy update that will be decisive in determining whether the raucous recovery in stock markets continues without meaningful setback.

June 9,2020

The Pound-to-Dollar rate notched up its largest gain since March last week but was halted Friday by its 200-day moving-average on Friday and now enters a period of consolidation in a new, higher trading range. 

June 7,2020

The Dollar jumped alongside U.S. equity futures Friday after official data showed a surprise surge in employment driving a steep fall in the jobless rate during, suggesting the American labour market began to recover promptly from the moment the economy began to reopen in May. 

June 8,2020

The Pound-to-Dollar rate notched up its sixth consecutive gain Thursday as the U.S. unit endured an eighth back-to-back pummelling at the hands of a risk-hungry market , which is reducing the downside for a British currency that's still burdened by monetary policy and political headwinds. 

June 4,2020

The U.S. Presidential election could add further downside pressure to the U.S. Dollar if the Democrat nominee Joe Biden emerges victorious, according to foreign exchange analysis from investment banks UBS and Crédit Agricole.

September 30,2020