23 March 2020 Pound-Dollar Exchange Rate Recovers as Federal Reserve Goes All Out

The Dollar was seen trading lower on Monday, March 23 following the announcement of a raft of initiatives by the U.S. Federal Reserve to support the U.S. economy, of which the headline measure was …

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23 March 2020 U.S. Economy Forecast to Slump 24% in Second Quarter at Goldman Sachs

Economists at Goldman Sachs are forecasting a severe slump in the U.S. economy owing to the coronavirus outbreak, which is expected to lead to notable declines in the services, manufacturing and co…

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22 March 2020 Pound-to-Dollar Rate Week Ahead: Charts Point to New 1985 Low as BoE to Address GBP Weakness

The Pound-to-Dollar rate closed out its worst week since the financial crisis on Friday as financial markets continued to hemorrhage capital, although the charts are still tipping the exchange rate…

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20 March 2020 Dollar Folds against Pound Sterling and Others after Central Bank Action

The Dollar folded in on itself Friday, enabling the Pound-to-Dollar rate to recover sharply off earlier lows after the U.S. Senate pushed ahead with a large spending program and central banks stepp…

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19 March 2020 Pound-to-Dollar Rate in Recovery Mode after BoE Goes All-in On Economy, Backstops Bond Market

The Pound-to-Dollar rate was in recovery mode Thursday after surging in response to a surprise Bank of England (BoE) to go all-in with its support for the economy, although whether or not the move …

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19 March 2020 U.S. Dollar Softens after Federal Reserve Extends Dollar Swap Lines to Nine More Central Banks

The Dollar softened Thursday after the Federal Reserve (Fed) extended currency swap agreements to nine more central banks as it seeks to contain a surge in the grenback that’s been so severe i…

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18 March 2020 Pound-to-Dollar Rate Crashes to 1985 Lows and Has Further to Fall

The Pound-to-Dollar rate suffered its most brutal sell-off since the Brexit referendum on Wednesday, leaving it wallowing at 1985 lows amid another agressive surge in U.S. exchange rates that some …

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