Pound-Dollar News Directory

The Pound ceded ground to a resurgent Dollar Thursday and is now tipped for a return to its 2016 "flash crash low" after the Federal Reserve (Fed) breathed new life into the greenback when it appeared to suggest it might not cut U.S. interest rates this year as much as the markets were anticipating.

August 1,2019

 The Dollar was treading water early in the Wednesday session ahead of the July interest rate decision of the Federal Reserve (Fed), which promises to be a landmark moment in the 2019 story of the U.S. currency regardless of whether policymakers indulge markets with the rate cut they're anticipating. 

July 31,2019

The Pound slumped even further Tuesday amid a second consecutive declines for the British currency as the markets move to price-in an increased likelihood of a 'no deal' Brexit this Autumn, although multiple analysts say further losses are likely over the coming weeks.  

July 30,2019

The Pound was clobbered in the opening session of the week after the government said it is now working under the assumption the UK will leave the EU in 'no deal' Brexit at the end of October, which has already prompted BMO Capital Markets to downgrade its forecasts for the British currency.  

July 29,2019

The Dollar rose broadly Monday and could be poised to continue outperforming its developed world rivals this week even if the Federal Reserve ( Fed) cuts its interest rate on Wednesday, according to analysts at J.P. Morgan, who say a weak global economy means investors will continue to favour the U.S. currency. 

July 29,2019

Concerning the outlook for GBP/USD, studies of the charts suggest the pair is at a crossroads with a 'hard' floor of support underpinning the British currency.

July 28,2019