Pound-Dollar News Directory

The Pound ceded ground to the Dollar and underperformed all major rivals of late although the charts are flagging more downside potential ahead of jobs and PMI data due out this week, which will be key to the outlook for Sterling.

January 20,2020

The Dollar turned higher in the noon session Thursday after U.S. retail sales figures surpassed market expectations for the month of December, reversing earlier losses and challenging the widely-held belief that the economy slowed in the final quarter. 

January 16,2020

The Pound was under the cosh again Wednesday as the probability of an imminent Bank of England (BoE) rate cut rose further and technical analysts are warning of downside risks to the British currency but the afternoon's eagerly-anticipated signing of the U.S.-China trade deal is a wild card for Sterling. 

January 15,2020

The Dollar ceded ground to Pound Sterling while paring gains over the Euro Tuesday after December's inflation figures surprised on the downside, although losses are likely to be limited because price pressures are thought to be sufficient to prevent the Federal Reserve (Fed) from cutting interest rates again. 

January 14,2020

The Pound is already plumbing the bottom of the major currency barrel for 2020 but it has further to fall against the Dollar in the weeks ahead, according to multiple analysts, who all say the British currency is unprepare for an interest rate cut that could come as soon as the end of this month. 

January 14,2020

January 15,2020