Pound-Dollar News Directory

The Pound-to-Dollar rate closed out its worst week since the financial crisis on Friday as financial markets continued to hemorrhage capital, although the charts are still tipping the exchange rate lower while few if any fundamental analysts see the Dollar weakening any time soon,

March 22,2020

The Dollar folded in on itself Friday, enabling the Pound-to-Dollar rate to recover sharply off earlier lows after the U.S. Senate pushed ahead with a large spending program and central banks stepped in to successfully catch a falling bond market knife ahead of the weekend.

March 20,2020

The Pound-to-Dollar rate was in recovery mode Thursday after surging in response to a surprise Bank of England (BoE) to go all-in with its support for the economy, although whether or not the move is simply a 'dead cat bounce' ahead of another brutal sell-off remains to be seen.

March 21,2020

The Dollar softened Thursday after the Federal Reserve (Fed) extended currency swap agreements to nine more central banks as it seeks to contain a surge in the grenback that’s been so severe it now poses an additional threat to a global economy that’s already cratering amid the coronavirus pandemic.

March 19,2020

The Pound-to-Dollar rate suffered its most brutal sell-off since the Brexit referendum on Wednesday, leaving it wallowing at 1985 lows amid another agressive surge in U.S. exchange rates that some analysts say could send the British currency tumbling all the way down to 1.05.

March 18,2020

A combination of negative investor sentiment and a global crash crunch continues to place downside pressure on the Pound-to-Dollar exchange rate which looks set to extend its ongoing sell-off and ultimately fall below the psychologically important 1.20 marker.

March 18,2020