Pound-Dollar News Directory

The Pound-to-Dollar rate notched up its largest gain since March last week but was halted Friday by its 200-day moving-average on Friday and now enters a period of consolidation in a new, higher trading range. 

June 7,2020

The Dollar jumped alongside U.S. equity futures Friday after official data showed a surprise surge in employment driving a steep fall in the jobless rate during, suggesting the American labour market began to recover promptly from the moment the economy began to reopen in May. 

June 8,2020

The Pound-to-Dollar rate notched up its sixth consecutive gain Thursday as the U.S. unit endured an eighth back-to-back pummelling at the hands of a risk-hungry market , which is reducing the downside for a British currency that's still burdened by monetary policy and political headwinds. 

June 4,2020

The U.S. Presidential election could add further downside pressure to the U.S. Dollar if the Democrat nominee Joe Biden emerges victorious, according to foreign exchange analysis from investment banks UBS and Crédit Agricole.

September 30,2020

The Pound-to-Dollar rate staged a decisive reversal last week as Sterling recovered lost ground from a tiring greenback and could go on to extend its nascent recovery over the coming days although the upside is limited and fundamental headwinds could blight the British currency again ahead of the weekend.

May 31,2020

The Dollar was down for the count already Thursday but a steady death of the bond market could see investors bailing on it in earnest later this year, which would be a boon for Sterling and many other currencies, if the summer's choc-a-bloc schedule of risk cannot bring it back to life in a meaningful way. 

May 28,2020