Pound-Dollar News Directory

The Dollar extended losses Friday after minutes from the latest Federal Reserve meeting failed to provide any fresh impetus for the greenback and as traders responded to a mixed June jobs report that has served only to further muddy the outlook for the US currency.

July 6,2018

Low volumes in the currency market owing to the ongoing football World Cup suggest the market may be complacent on trade war risks say Bank of America Merrill Lynch.

July 6,2018

The US Dollar weakened during the morning session Friday after minutes from the latest Federal Open Market Committee (FOMC) gave no fresh impetus to the greenback, at a time when markets are on edge over a possible escalation of the so called trade war between the US and China. 

July 6,2018

The US Dollar is likely to rise further against its major rivals in 2018 than previously thought, according to the latest forecasts from strategists at Bank of America Merril Lynch, who argue the Dollar rally that begun in April will also continue for longer than even they had anticipated. 

July 3,2018

The US Dollar strengthened during noon trading Monday after the latest ISM Manufacuring PMI survey suggested the US widened its lead over the rest-of-world economy during June, refocusing the market's attention back on divergence between monetary policies across the world's largest economies. 

July 2,2018

Technical studies suggest the prospect of short-term gains in GBP/USD. Watch service sector PMI out of the UK mid-week for guidance on Sterling while manufacturing and employment data dominate the USD's calendar this week.

July 1,2018