Pound-Dollar News Directory

Foreign exchange strategists at HSBC are sellers of the British Pound because recent interest rate developments leave the currency looking over-priced while economic headwinds limit its attractiveness.

November 8,2023

GBPUSD was unable to make much headway beyond a key technical level that lies just above 1.24 and now risks falling back to 1.2250 over the coming days.

November 7,2023

The Pound to Dollar exchange rate rose by over a per cent to retake 1.23 and further improve its short-term setup following the release of U.S. labour market statistics that disappointed against expectations.

November 6,2023

GBPUSD's technical setup has improved notably following Friday's surge but any further upside progress will be tested by this week's UK GDP data release and speeches from the Bank of England's Andrew Bailey and the U.S. Federal Reserve's Jerome Powell.

November 6,2023

The Dollar was softer across the board after the Federal Reserve maintained interest rates at existing levels and signalled little appetite to raise interest rates again.

November 2,2023

Risks to the Dollar are tilted to the downside, according to a new tactical preview of the looming Federal Reserve interest rate decision and policy update conducted by TD Securities.

November 1,2023