Pound-Dollar News Directory

GBP/USD is moving lower as Sterling starts to unravel following the Chancellor’s budget speech on Wednesday.

March 10,2017

GBP/USD is in a short-term downtrend on the four-hour chart which may take it down to support at the S2 monthly pivot at 1.2120.

March 9,2017

The Pound to Dollar exchange rate, or “Cable” as it is known amongst traders, is vastly overvalued and therefore a prime candidate for selling, says J P Morgan strategist Paul Meggyesi in a recent note seen by Pound Sterling Live.

March 7,2017

GBP/USD lost ground last week as the Dollar rose on the increasing likelihood the Federal Reserve will raise interest rates in March thus stimulating foreign capital inflows.

March 6,2017

Foreign exchange markets will be focussed on the words of US Federal Reserve Chair Janet Yellen who hits the airwaves at 18:00.

March 3,2017

Pound Sterling has fallen back against the US Dollar as foreign exchange markets continue to place bets on a higher US interest rates being delivered by the US Federal Reserve over the duration of 2017.

March 4,2017