Pound-Dollar News Directory

The Dollar about-turned and slumped lower during noon trading in the final session of the week after the May nonfarm payrolls report appeared to provide financial markets with further grounds for betting the Federal Reserve might need to begin cutting its interest rate soon, vindicating some analysts for their forecasts.

June 7,2019

The Pound has advanced against a retreating Dollar this week and could have further to climb over the coming days according to technical analysts at Commerzbank, who've also cautioned clients that the ongoing upward correction might not last for very long.

June 7,2019

The U.S. Dollar will eventually weaken when the Federal Reserve starts cutting interest rates, which is likely to happen in 2019 as the consequences of the trade-war bite says Danske Bank.

June 6,2019

Pound Sterling's advance against a weakening Dollar was halted on Wednesday after the Insitute for Supply Management services PMI surprised on the upside and if technical analysts are Commerzbank are right with their current call, renewed losses could be just around the corner.

June 5,2019

The Dollar extended earlier losses Tuesday after Federal Reserve Chairman Jerome Powell gave investors further grounds to believe the U.S. central bank could cut its interest rate before the year is out, aggravating an already jittery market and keeping the greenback under pressure against most G10 rivals. 

June 4,2019

The Dollar was on course for a second consecutive session of losses Monday after the latest Institute for Supply Management (ISM) survey offered further evidence that President Donald Trump's trade war is biting the economy, at a time when investors are already betting the Federal Reserve (Fed) will be forced to cut interest rates before the year is out. 

June 3,2019