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…

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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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