28 August 2020 U.S. Dollar in Darkest Day Since May Capitulation as Yield Fears See GBP/USD Eye 2-Year Highs

The Dollar Index was on course for its steepest loss since its May capitulation as the U.S. yield outlook darkened following a strategy change at the Federal Reserve (Fed), which has lifted the Pou…

Read more … →
28 August 2020 Pound-Dollar Rate Breaks to 8-Month High as Jackson Hole Froth Evaporates to Reveal Exposed Dollar

The Pound-to-Dollar exchange rate has broken to a fresh 8-month high at 1.3290 ahead of the weekend, the move coming courtesy of a sizeable adjustment in the U.S. Dollar following Thursday's import…

Read more … →
26 August 2020 Dollar Smiles as Durables Data Fuels Correction but Pound-Dollar Rate Swings Back into Black

The Dollar smiled on Wednesday after durable goods data bolstered the outlook for business investment and fueled a correction in U.S. exchange rates, although this didn't prevent Sterling from swin…

Read more … →
23 August 2020 Pound-Dollar Week Ahead Forecast: Charts Warn of Further Weakness as Analysts Look for USD Rebound

The Pound-to-Dollar exchange rate signed off with a soft finish to an otherwise strong week on Friday but could see further losses over the coming days, according to a range of analysts who see the…

Read more … →
20 August 2020 Pound-to-Dollar Rate Past Its Best says ABN Amro, as Pantheon Macro Eyes Brexit Risks

The Pound-to-Dollar exchange rate advanced back toward earlier highs in volatile trading Thursday but may already have seen its best days at least until next year, according to strategists at ABN A…

Read more … →
20 August 2020 U.S. Dollar Creeps Higher Again as Market Mulls Fed's Toolbox and ECB Minutes, CBRT Decision Loom 

The Dollar crept higher Thursday as financial markets mulled over minutes of the July Federal Reserve (Fed) policy meeting going into a session that will also reveal more about recent European Cent…

Read more … →
19 August 2020 Pound-Dollar Rate Slips from 2020 High and "Can't Afford to Vacillate at These Levels" says UOB  

The Pound-to-Dollar rate turned lower from 2020 highs on Wednesday following explosive gains earlier this week but Sterling's indecision risks seeing it come undone, according to strategists at Sin…

Read more … →