Pound-Dollar News Directory

Downtrend in Pound Sterling tipped to continue against the Dollar, despite signs of overextension, next stop 1.3090. Watch services PMI data this week.

June 4,2018

The US Dollar crept higher on Friday as markets remained on edge a amid the latest escalation of fears over a so called trade war and as traders took up positions ahead of May nonfarm payrolls and wages data due for release at 13:30 London time. 

June 1,2018

The US Dollar continued to advance against its developed world rivals Friday as markets braced for retaliatory measures from countries affected by the President Donald Trump's decision to impose tariffs on steel and aluminium imported into the US, which now has analysts fearing a so called trade war and a potential economic slowdown this summer.

June 1,2018

The US Dollar reversed earlier losses Thursday and headed north after President Donald Trump said the US will levy tariffs on US imports of steel and aluminium from the European Union, Canada and Mexico, raising the specter of a so called trade war that embroils not only the US and China, but Europe as well. 

May 31,2018

The US Dollar extended losses Wednesday as global market jitters over European politics eased and traders responded to a surprise downward revision to the latest estimate of US first-quarter GDP.

May 30,2018

The US Dollar rose across the board Tuesday as traders fled to safety amid the latest developments in Italian politics and strategists at Nordea Markets have suggested the greenback could rise even further still this Friday when the Federal Reserve takes another step toward a normalised balance sheet. 

June 1,2018