Pound-Dollar News Directory

The Dollar found little support from elevated tensions in the Middle East and has retreated further from last week's highs after members of the Federal Reserve helped stem a selloff in U.S. Treasuries by signalling that perhaps enough has been done by way of raising interest rate hikes.

October 10,2023

GBPUSD short-term outlook remains positive, but strength to be limited given broader USD dynamics.

October 10,2023

The Dollar surged alongside treasury yields and stock markets tanked after the U.S. reported a surprisingly strong jobs report for September, raising the odds of further hikes at the U.S. Federal Reserve ahead of year-end.

October 9,2023

The Pound to Dollar exchange rate (GBPUSD) is nursing a slight loss for the week but a key U.S. labour market release will determine with Pound Sterling records a fifth consecutive negative weekly close.

October 6,2023

The Dollar has fallen against the Pound, Euro and most other major currencies and analysts say this correction can extend if global bond yields and oil prices fall back further.

October 5,2023

"We maintain a bearish view on the GBP/USD outlook even if the selling looks quite extended on all time frames. If there is a bounce to be seen, this is likely to be short-lived. We reckon the cable could be heading to 1.20 and possibly 1.18 in the weeks ahead."

October 4,2023