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Pound-Dollar News Directory

The U.S. Dollar Index is a Buy says RBC Capital Markets, Target the Two-year High 

The Dollar index is on course to reach a two-year high over the coming weeks, according to technical analysts at RBC Capital Markets, who say a breakout above the top an ascending triangle pattern has cleared the way for the greenback to return to levels not seen since late April 2017. 

April 25,2019

The Pound-to-Dollar Rate Finds Support Even after U.S. Data Points to Growth Pickup

The Dollar extended gains Thursday, keeping many exchange rates under pressure, after durable goods orders data pointed to a solid pick-up in U.S. business investment during March just a day before the first-quarter GDP data is released. 

April 25,2019

The Pound-to-Dollar Rate is at Risk of Another Lurch Downward say Technical Analysts 

The Pound-to-Dollar rate edged higher during early noon trading Wednesday following a punishing start to a holiday-shortened week but the British currency is at risk of another sharp lurch downward over the coming days, according to technical analysts. 

April 24,2019

The Pound-Dollar Rate is Threatened by U.S. GDP this Week but Brexit and Global Growth Key to Outlook 

Sterling slipped into and out of the top spot in the G10 league table Tuesday as the UK parliament having returned from its Easter recess stoked fresh hope of a breakthrough in the Brexit process, but first-quarter GDP data due from the U.S. on Friday could pose a threat to the Pound-to-Dollar rate. 

April 23,2019

Pound-to-Dollar Rate 5-Day Forecast: Neutral-to-Bearish as Exchange Rate Breaks Below 1.30

Dollar exchange rate

The Pound-Dollar exchange rate has fallen below the psychologically important 1.30 marker as near-term momentum turns negative suggesting a bias for further losses over coming days.

April 22,2019

The Pound-to-Dollar Rate Tests Key Downside Support Level after U.S. Retail Sales Surge Rebukes Dollar Bears

The greenback extended gains in a risk-off market Thursday, forcing the Pound-to-Dollar rate to test a key downside level, after March retail sales surprised on the upside following a deluge of negative economic numbers from Europe during the morning session.

April 18,2019

U.S. Dollar to Remain Resilient Even in the Face of Dwindling Safe-Haven Flows: ING’s Krpata

Foreign exchange

The still-positive yield differential of the U.S. Dollar compared to the other G10 currencies will keep losses minimal and the currency ultimately supported says Petr Krpata, chief EMEA FX and FI strategist at ING Bank.

April 17,2019

More Articles …

  1. Pound-Dollar Rate Breakout Imminent
  2. The U.S. Dollar: Fed Comments Offer Support but the Economy Just Handed One to the Bears
  3. A Pound-to-Dollar Rate Breakout to the Upside is in Sight but Market is Rested on Key Trendline says Rabobank 
  4. Pound-to-Dollar Rate Forecast for the Week Ahead: Neutral as Sideways Trend Extends
  5. Dollar Slips after Federal Reserve Confirms Policy U-turn but Some Analysts Still Tip the Greenback for Gains this Year
  6. Pound Sterling-to-Dollar Week Ahead Forecast: Potential for Big Moves
  7. Dollar Advances on Sterling, Strong Payroll Report Further Reduces any Notion of a Fed Rate Cut
  8. U.S. Dollar in Charge: US Labour Market Data Smashes Expectations

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