Pound-Dollar News Directory

The Dollar slumped broadly Thursday after a cocktail of supportive political developments drove a recovery of investor risk appetites that some analysts say will continue pushing the greenback lower but the prospect of renewed weakness in Pound Sterling and Euro rates could stem the decline in the days and weeks ahead.

September 5,2019

The Pound-to-Dollar rate was highly volatile Tuesday, briefly hitting a new two-year low before recovering later in the noon session, as the Brexit saga rolled on in London and the greenback reigned supreme in the first U.S. trading session following a Labor Day weekend that saw new White House tariffs imposed on Chinese goods.

September 4,2019

The Pound is significantly undervalued against the Dollar and the probability of a 'no deal' Brexit is lower than the market appears to believe, according to analysts at Swiss investment banking giant UBS Global Wealth Management, who recently told clients they are buyers of the British currency. 

September 2,2019

Recent GBP/USD weakness throws the young uptrend into doubt, but we are wary of heightened politically-inspired volatility in all Sterling exchange rates over coming days.

September 1,2019

The Dollar rose Thursday but failed to get the better of riskier counterparts after Chinese officials led investors to believe a breakthrough in talks about the trade war is near, but the price of progress could prove too steep for President Donald Trump and markets may ultimately have set themselves up for disappointment. 

August 30,2019

The Pound slumped to the bottom of the G10 league table Wednesday as traders dumped it in response to an attempt by Prime Minister Boris Johnson to curtail a rebellion among anti-Brexit MPs by shutting down parliament, although technical analysts at Commerzbank have suggested this fall is a buying opportunity. 

August 28,2019