Pound-Dollar News Directory

The Pound-to-Dollar rate fell to a fresh 2018 low Thursday as currency traders bid the greenback higher ahead of a Friday decision from the White House over the shape of investment restrictions to be imposed on China, which will mark the latest salvo in the so called "trade war" between the US and some of its economic rivals.

June 28,2018

The US Dollar can continue to reign supreme over its international rivals during the summer months, according to strategists at Bank of America Merril Lynch, who argue that still-superior levels of economic growth and market jitters over a global "trade war" will help the greenback extend its two-month rally. 

June 27,2018

The US Dollar is at risk of losing its coveted status as a "safe haven" currency if tensions with China and the European Union boil over into a full blown "trade war", according to strategists at ING Group, who are arguing the greenback will increasingly lose ground to current account surplus currencies like the Euro and Japanese Yen.  

June 26,2018

Strategists with Citi - the world's largest dealer of foreign exchange - have confirmed they believe the longer-term outlook for the Dollar remains negative.

June 25,2018

Technicals point to potential for an end to GBP/USD losses while on the fundamental front much will depend on the outcome of the European summit at the end of the week and whether Donald Trump will turn his guns on Europea over the issue of trade.

June 24,2018

"The impulsive reversal from 1.3120 is the kind of price action we are looking for to signal a base developing" - Robin Wilkin, Lloyds Bank.

June 22,2018