Pound-Dollar News Directory

The Pound-Dollar rate's April recovery was in doubt Wednesday as risk assets faltered the world over, prompting Sterling to reverse course at its 200-day moving-average of prices and taking it back below another technical level that could prove key to the outlook for the exchange rate. 

April 15,2020

The Dollar stumbled lower again on Tuesday amid a further improvement of investor risk appetite and is now stood on its last legs that are increasingly being tipped to buckle in the months ahead, leading to a great depreciation that provides the Pound-Dollar rate with a recovery opportunity. 

April 14,2020

The Pound-to-Dollar rate rose nearly one and a half percent last week amid a broad improvement in investor risk appetite although it's now closing in on tough technical resistance on the charts, which leaves it especially vulnerable to a deterioration in market sentiment. 

April 12,2020

The Dollar fell broadly on Friday, folding a strong earlier hand as the Federal Reserve (Fed) pounced on a crumbling labour market in an apparent effort to save the hard-won job gains of recent years from the coronavirus and resulting shutdown, which claimed another six million livelihoods this week.

April 12,2020

The Pound-Dollar rate extended this week's rebound off earlier lows Wednesday but the outlook for it appears to be darkening as a range of forecasters tip trouble ahead for the British exchange rate while a 'death cross' further vanadalises an already bearish picture on the charts.

April 8,2020

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