Pound-Dollar News Directory

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

fThe Pound-to-Dollar rate crashed toward a key technical support level located at 1.1958 on the charts, a failure of which would risk further steep losses, amid more widespread weakness in the British currency and strong demand for the greenback,  

March 17,2020

The broad Dollar slumped on Monday after the Federal Reserve (Fed) announced a surprise decision to cut its interest rate back to zero and formally relaunch its quantitative easing (QE) program, prompting sharp gains for the Pound-to-Dollar rate. 

March 16,2020