Pound-Dollar News Directory

The Pound to Dollar exchange rate is looking to make it a third successive day of gains as upside momentum from a surprisingly soft U.S. data report extends, however, analysts say strength is ultimately likely to prove fleeting for the time being.

August 30,2023

The Pound to Dollar exchange rate was trading buoyantly above its recent lows on Tuesday after entering the new week on the front foot and could have scope to edge higher in the days ahead in the absence of any upset from central bank speeches in the U.S. or foreign exchange policy developments in China.

August 22,2023

The Pound to Dollar exchange rate has receded sharply from the highs of early July but the risk now is that any attempted recovery is held back from Wednesday by a further ebbing of the inflation tide in the UK, potentially leaving Sterling unable to sustain any advance beyond the 1.28 level for the week. 

August 14,2023

The Pound to Dollar exchange rate unwound much of an earlier rally heading into the weekend as financial markets appeared to contemplate what surprisingly strong producer price inflation in July could mean for the measure of inflation most closely watched by the Federal Reserve (Fed).  

August 11,2023

Pound Sterling traded higher against the U.S. Dollar following the release of data that showed U.S. inflationary pressures continued to ease in July, boosting market confidence that the Federal Reserve won't raise interest rates again in September.

August 10,2023

What could add further fuel to the dollar’s recovery and help yields rebound is Thursday’s US CPI inflation report for July.

August 9,2023