Pound-Dollar News Directory

The Pound-Dollar rate recovered its footing enough to stabilise ahead of the weekend but it faces immediate obstacles on the charts and a number of downside risks in the week ahead, while increasing numbers of analysts are tipping it as a sell.

May 10,2020

The Pound-Dollar rate was unable to hold its Bank of England (BoE) boost ahead of the holiday weekend on Thursday and will face headwinds from multiple directions in the weeks ahead, at a point when the charts are also turning more clearly bearish again. 

May 7,2020

The Dollar Index edged higher on Thursday due to a lacklustre performance from some European currencies, which came as risk assets responded to stronger-than-expected March trade figures and reports suggesting the U.S. and China will look to implement their trade deal from next week. 

May 7,2020

The Pound-Dollar rate has attempted to stabilise this week but the outlook for it has been tarred further in recent days by a return of trade tensions between the U.S. and China, which have got some analysts looking for a continued outperformance by the Dollar. 

May 6,2020

The Pound-to-Dollar rate came undone ahead of the Friday close and failed in its sixth weekly attempt to overcome a stubborn technical resistance level on the charts, leaving at risk of further declines over the coming days although the downside could be magnified if stock markets continue to fall. 

May 3,2020

The Pound-Dollar rate was reaching for the stars late Thursday after the Federal Reserve (Fed) announced the surprise expansion of its Main Street Lending Programme and technical analysts say it might have scope to rise further in the short-term, although many are also warning of fresh losses from May onward.

May 1,2020