Pound-Dollar News Directory

The Pound was the best performing major currency last week and is tipped by technical analysts to advance on the Dollar over the coming days, although fundamental risks include a likely Monday collapse in Chinese stock markets and elevated British bond yields that might be due a correction. 

February 2,2020

The Pound rose strongly off a key line of support against the Dollar Thursday after being boosted by January's Bank of England (BoE) interest rate decision although multiple institutions have already put the British currency up for sale due to doubts over the sustainability of the rally.

January 30,2020

The Dollar was riding high in a risk-averse market Thursday after the Federal Reserve (Fed) signalled a steady 1.75% cash rate for the foreseeable future and as investors eschewed so-called risk assets in response to the continued spread of the coronavirus from China. 

January 30,2020

The Pound was clinging to an important level of support against the Dollar early on Thursday although the upside bias in the exchange rate risks coming undone in the absence of a boost from the Bank of England (BoE), which is set to annonce the eargerly-awaited January interest rate decision at noon.

January 30,2020

The Dollar was riding high Tuesday after being aided by stronger-than-expected economic data and risks posed to the global economy by a rapidly spreading coronavirus, in spite of calls from President Donald Trump for the Federal Reserve (Fed) to cut its interest rate again on Wednesday. 

January 29,2020

The Pound underperformed major rivals Tuesday in a market that was still blighted on by unease over the spread of China's new coronavirus, although losses have now got the Pound-to-Dollar rate threatening a break below key support levels on the charts, which would risk further downside over subsequent days. 

January 28,2020