Pound-Dollar News Directory

The Pound-to-Dollar reclaimed the 1.29 handle Thursday as the steady hand of the Bank of England lifted the British currency off multi-month lows although analysts say the central bank's patience will soon run out and that Sterling could soon come under pressure again. 

March 5,2020

The Dollar is trading higher against the majority of the world's major currencies, just hours after the U.S. Federal Reserve announced an emergency 50 basis point cut to their target interest rate level.

March 4,2020

The U.S. Dollar lost purchasing power after the U.S. Federal Reserve delivered an emergency 50 basis point interest rate cut on Tuesday, a move aimed at preempting any financial slowdown stemming from the coronavirus outbreak.

March 3,2020

The Pound-to-Dollar rate was buoyed Tuesday by strong construction industry data and as Bank of England (BoE) Governor Mark Carney appeared before the Treasury Select Committee where he ruled out the idea of an experiment with negative interest rates and pledged support for the economy.

March 3,2020

The Pound-to-Dollar rate came under mounting pressure heading into the weekend and has now broken a multi-month uptrend on the charts, creating a bearish technical picture on the charts just as the evolving coronavirus not-pandemic threatens to weigh disproportionately on Sterling. 

March 1,2020

The Pound doubled over on Friday, suffering heavy losses against the Dollar as stock markets dived further into ‘correction’ territory and a Federal Reserve (Fed) official suggested the bank will not cut interest rates to save investors from further losses. 

February 28,2020