Sheba Jafari, an analyst with Goldman Sachs says near-term could see the Pound remain under pressure, but ultimately a floor should be found in the 1.22 region.
Read more … →The Pound-to-Dollar rate fell almost a whole percentage point from a week ago after Theresa May's decision to delay the vote on the government's withdrawal deal increased fears of a ‘no-deal’ Brexi…
Read more … →The Pound was sent tumbling Friday not only by the strengthening greenback and Sterling's close correlation with the Euro-to-Dollar rate but also renewed fears over the stability of the UK governme…
Read more … →The U.S. Dollar was riding high Friday following a strong set of November retail sales, which provided further support to a greenback already boosted by concerns over the Chinese economy and Europe…
Read more … →The Pound-to-Dollar rate will spend much of the next year trapped near its post-referendum lows, according to the latest forecasts from Barclays, as Brexit-related uncertainty damages market confid…
Read more … →The Pound-Dollar exchange rate could extend lower as the advantage still lies with the bears we believe. Ultimately, direction in this currency pair will be determined by the outcome of Tuesday's p…
Read more … →The U.S. Dollar slumped Friday after November's eagerly-awaited nonfarm payrolls number surprised on the downside and after the report showed wage growth also declining during the recent month.
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