Pound-Dollar News Directory

The Pound-Dollar rate underperformed on Wednesday even as the greenback itself doubled over ahead of the release of first-quarter GDP data and the latest Federal Reserve (Fed) policy update, and some analysts tip the exchange rate to remain roadblocked by the 1.25 level for a while to come.

April 29,2020

The Pound-Dollar rate was in recovery mode on Tuesday and could have scope to rise further in the short-term, some analysts say, although fundamental risks are building for the British currency and some forecasters have warned that the conditions are not yet in place for a sustained Dollar depreciation.

April 28,2020

The Pound-Dollar rate slumped almost a full percent last week alongside other risk assets although an attempted recovery could have legs to extend further over the coming days, technical analysts say, but downside risks still abound from both a technical as well as fundamental perspective beyond the very short-term. 

April 26,2020

The Dollar cooled its heels on Thursday following a hat-trick of gains and as investors chased stock markets, commodities and riskier currencies higher but that rally is on borrowed time already, according to strategists at BofA Global Research, and could give way to a resurgent greenback before long. 

April 23,2020

The Pound-Dollar rate was in recovery mode on Wednesday after a soft start to the new week and as risk assets stabilised in the wake of an oil-inspired sell-off, but the upward correction might unravel if Brent crude oil futures prices go the same way as their North American counterparts in the coming days. 

April 22,2020

The Pound-Dollar rate was little changed last week despite a marked improvement in risk appetite among investors and is increasingly road-blocked to the upside by technical impediments on the charts, at a point when analysts looking for a bounce-back by the U.S. Dollar.

April 19,2020