Pound-Dollar News Directory

The Dollar suffered heavy losses against all major rivals Tuesday as investors serenaded an ongoing decline in the number of new coronavirus cases across some major economies which, if sustained, could produce a much steeper and more protracted depreciation of the U.S. currency in the months ahead.

April 7,2020

The Pound-Dollar rate handed back some of its earlier gains last week but is in a good position to recover lost ground in the coming days, with the 200-day moving average near 1.2660 said to be a possibility, although risk appetite will be key to the trajectory of the exchange rate this week. 

April 5,2020

U.S. labour market data came in at a level far worse than market participants had been expecting, but this in itself should come as no surprise given the gravity and unprecedented nature of the current economic crisis.

April 3,2020

The Dollar is the best-performing major currency of the past month thanks to a deteriorating global economic outlook linked to ongoing lockdowns aimed at preventing the spread of the coronavirus, and until a convincing medical solution to the outbreak is found further gains are likely.

April 3,2020

The Pound-to-Dollar rate was nearing the end of a 'dead cat bounce' Tuesday as momentum ebbed from the market, leaving Sterling vulnerable to a return to the 1985 lows seen earlier in March. 

March 31,2020

"The unfolding global contraction is poised to supplant the Great Financial Crisis (GFC) as the new benchmark for extreme economic disruption – the current collapse in economic activity is much deeper" - JP Morgan.

March 31,2020