Pound-Dollar News Directory

The Pound-to-Dollar rate beat a hasty retreat last week that took it over the edge of a technical precipice in time for the Friday close, setting the British currency up for even further losses in the weeks ahead, although the scale of last week's decline and a nearby support level could see Sterling attempt to stabilise in the coming days.

May 17,2020

The Pound-to-Dollar rate beat a hasty retreat on Friday that's left it teetering on the edge of a precipice after suffering decisive losses on the summit of its March-April rebound, and Friday evening's close could be key to exactly how quickly it unravels back in the direction of earlier lows. 

May 17,2020

The U.S. Dollar was sent sharply higher on Thursday, May 14 amidst a broad-based market sell-off, rising tensions between China and the U.S. and comments by President Trump that he now supports a stronger Greenback.

May 20,2020

The U.S. Dollar dodged a potential bullet and turned higher in mid-week trade after the Chair of the U.S. Federal Reserve Jerome Powell failed to signal the Fed was preparing to cut interest rates into negative territory.

May 13,2020

The Pound-Dollar rate was handing back earlier gains Wednesday and is comfortably the developed world underperformer this month, although it's also now caught between a fiscal rock and an economic hard place at a time when downside risks are building for the British currency. 

May 14,2020

The Dollar was wavering in Tuesday trade as the Euro-to-Dollar rate and other risk currencies rose amid an upbeat mood among investors although Sterling underperformed again, begging the question of what might happen to the Pound-Dollar rate if the market mood was to darken over the coming days. 

May 12,2020