Pound-Dollar News Directory

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

The Pound-to-Dollar rate closed its worst week since the Brexit referendum Friday after suffering a near-6% loss but it faces a pickup in volatility as national 'epidemic curves' rise and fall in the week ahead and ultimately, the risk of further steep declines as the UK epidemic gathers pace. 

March 15,2020

The Dollar and safe-haven U.S. bond fell stalled late on Friday as stock and oil prices rallied into the weekend after President Donald Trump declared a national emergency and announced a range of emergency measures to bolster the U.S. economy as it grapples with a coronavirus outbreak. 

March 13,2020

The Pound-to-Dollar rate crashed through a key level on the charts Friday amid broad weakness in the British currency and strong demand for the greenback as the market mood turned sour again ahead of the weekend break. 

March 13,2020

The Federal Reserve (Fed) has launched a fourth round of quantitative easing, according to Pantheon Macroeconomics, in the wake of a savage stock market sell-off and a viscious surge in Dollar exchange rates that might now be liable to further unwind as the penny drops in Europe on Friday. 

March 13,2020