Pound-Dollar News Directory

The Pound to Dollar exchange rate's advance has paused just short of the 1.30 barrier. Upcoming U.S. retail sales and UK inflation figures will determine whether a deeper pullback now emerges.

July 16,2024

Pound Sterling has risen to its highest level in a year against the Dollar after last week's 1.35% gain. But, the rally leaves it technically overbought in the near term and exposed to weakness if this week's inflation and wage figures undershoot expectations.

July 15,2024

The Dollar fell notably after the U.S. reported that inflation shrunk last month, indicating the likelihood of an interest rate cut in September.

July 12,2024

The Pound to Dollar exchange rate's rally has failed again after colliding with a notorious technical barrier and Jerome Powell's sober assessment of the prospect of interest rate cuts.

July 11,2024

If the Republicans win big in November, expect a surge in import tariffs to underpin the U.S. Dollar further.

July 9,2024

Pound Sterling has now reached elevated levels against the U.S. Dollar and will need Thursday's U.S. inflation release to be soft if it is to break fresh ground.

July 8,2024