19 August 2020 Hotter than Expected Inflation Underpins Pound-Dollar Rate's 2020 Highs

UK inflation for July came in hotter than expected, a development that will likely ensure the Bank of England maintains a cautious approach to cutting interest rates and boosting quantitative easin…

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17 August 2020 Pound-to-Dollar 5 Day Forecast: Supportive Technicals, Eyes on Democratic National Convention

The Pound-to-Dollar exchange rate is quoted at 1.3104 at the time of writing with one analyst telling us that Sterling is being frustrated by some significant overhead resistance that looks likely …

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14 August 2020 Dollar Woe Builds after Retail Sales Rally as Depreciation Pressures Eye GBP/USD & USD/JPY

The Dollar was sold heavily on Friday with losses escalating following better-than-expected core retail sales and upgrades to earlier estimates, though in the final session of the week it was Pound…

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13 August 2020 Pound-Dollar Rate Becomes Key Battleground for EUR/USD Bulls as Brexit Chatter Adds to Noise 

The Pound-to-Dollar rate has become a key battleground for Euro bulls as the trade-weighted single currency scales new highs, throwing a spanner in the works of a market looking to see more losses …

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13 August 2020 U.S. Dollar in Tentative Stabilisation after Jobless Claims Fall Below 1 Million for First Time Since March

The Dollar remained in a metaphorical dog box Thursday amid a tentative effort at stabilisation after Department of Labor data showed the number of new unemployment claims tailing off further …

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12 August 2020 Dollar Comes Undone Again as Inflation Surprise Eats Bond Yields and EUR/USD Builds More Gains

The Dollar was in fresh retreat from a majority of rivals Wednesday after a short-lived rebound bit the dust ahead of the North American open when U.S. inflation figures surprised on the upside, li…

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09 August 2020 Pound-Dollar Week Ahead: Charts Warn of Correction as Geopolitical Tenions Rise and Data Looms 

The Pound-to-Dollar exchange rate capitulated at its highest level since March last week but may be likely to fall further in the coming days as tensions rise between the U.S. and China, key econom…

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