Pound-Dollar News Directory

The Pound was one of only two majors that ceded ground to a troubled Dollar last week and will remain burdened by domestic headwinds in the coming days, although the response of stock markets to the latest corporate earnings will likely dictate the broad trajectory of Sterling. 

July 19,2020

Pound Sterling underperformed on Friday, enabling a weakening Dollar to pull ahead of it but the British currency's short-comings will remain on display for all to see in the months ahead, which is why Nomura has downgraded its forecasts and looks for even further weakness up ahead.

July 17,2020

The Dollar Index steadied Tuesday on an important technical support level as an increase in U.S.-China tensions and further rollback of earlier reopening decisions saw investors turn cautious as corporate earnings season gets underway but the outlook for the greenback is increasingly hanging in the balance. 

July 14,2020

The Pound-to-Dollar recovery from late June lows built further last week but the week ahead outlook is hinged on whether Sterling can overcome a cluster of nearby technical resistance levels, which might itself depend on the market response to key U.S. corporate earnings figures.

July 12,2020

The Dollar remained on the back foot Thursday, taking the Dollar Index below a key level of technical support on the charts even after official data suggested the still tentative U.S. labour market recovery endured in the face of a second wave of coronavirus infections that's sweeping the country.

July 9,2020

The Dollar crumbled Wednesday as investors again demonstrated an increasing aversion to the greenback that pushed the Dollar Index back to late June lows while lifting Pound Sterling and the Euro to multi-week highs.

July 8,2020