Pound-Dollar News Directory

The Pound-Dollar rate retreated further from a five-month high Friday as uncertainty over the December general election and a resilient greenback weighed on the exchange rate, which is tipped by many to remain on its back foot in the weeks ahead. 

November 22,2019

The Dollar rose against all major rivls other than safe-havens Wednesday after the U.S. Senate passed a bill threatening to remove Hong Kong's special trade status and to sanction some Chinese officials if the city's independence is undermined, potentially ending another short-lived downward correction in the U.S. currency.

November 20,2019

The Pound-to-Dollar rate will remain on its front foot this week but although gains will be limited a series of 'resistance levels' on the charts, according to technical analysts studying the charts, although others are warning that Sterling would be likely to retreat if the Conservative Party poll lead shrinks at any point.

November 18,2019

The Pound-to-Dollar rate rallied into the weekend Friday after the Brexit Party of stalwart eurosceptic Nigel Farage stood down more candidates in order to aid the governing Conservative Party in December's election but Sterling is still being billed as a buy-on-dips by some traders in the City. 

November 18,2019

The Dollar was against only the safe-haven major currencies Friday after building on a broad decline in response to disappointing retail sales report for October, although strategists at Morgan Stanley told clients earlier in the session that the going is likely to be all downhill for the U.S. currency from here. 

November 15,2019

The Dollar built on earlier gains Wednesday after inflation figures surprised on the upside for the month of October and as investors eschewed risky prospects amid fresh unease over White House trade policy in the wake of President Donald Trump's speech to The Economic Club of New York. 

November 14,2019