The Pound to Dollar rate enters the new week with its back against the ropes near the 1.25 handle and could struggle to hold off a buoyant greenback ahead of Friday’s all-important U.S. inflation figures for May, which could be key to whether Sterling is able to avoid a retest of last month’s lows.

June 6,2022

The Pound to Dollar exchange rate rebounded from earlier losses late this week but was hampered again in thin holiday trade on Friday after the May non-farm payrolls and Services PMI reports offered an incitement to a Federal Reserve (Fed) that appeared to become more hawkish in recent days. 

June 3,2022

The Pound to Dollar exchange rate was pummelled back below the 1.25 handle in the mid-week session as the greenback swept higher across the board amid a widespread turn lower for stocks and bonds. 

June 16,2022

Soc Gen Pound-Dollar

Seasonal factors could help extend a recent recovery in the Pound to Dollar exchange rate say foreign exchange analysts at Société Générale.

June 16,2022

The Pound to Dollar exchange rate has staged a robust rebound from the depths of its mid-month lows but could struggle for further traction over the coming days as key U.S. economic reports garner the lion’s share of market attention in what will be a quiet period for the UK economic calendar. 

May 30,2022

The Pound to Dollar rate edged further back above the 1.25 level following the release of minutes from the May Federal Reserve (Fed) meeting, which confirmed that U.S. policymakers could be likely to rethink their interest rate stance if certain economic conditions are met in the months ahead.

May 30,2022

Dollar outlook

The U.S. Dollar rallied through the midweek session amidst poor investor sentiment and ahead of the release of the minutes of the Federal Reserve's May meeting.

May 26,2022

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