Pound-Dollar News Directory

The Pound to Dollar exchange rate entered the new week finely balanced around the middle of its medium-term equilibrium range spanning the gap between 1.20 and 1.33 but  with short-term prospects hinged on market appetite for ‘carry’ trades and UK economic growth numbers out on Friday. 

August 7,2023

The U.S. non-farm payroll report has shown a knack of consistently coming in above expectation over recent months, but August's provided a rare downside surprise that appears to have knocked the Dollar in the short-term.

August 4,2023

The Pound to Dollar exchange rate entered the final session of the week steadier on its feet after testing a major level of technical support on the charts previously but its recovery prospects are undermined by a deteriorating economic outlook while the outlook would become bleaker still if interest rates rise further in the months ahead.

August 4,2023

"August dull? Rangebound trading? Not a chance," says Kenneth Broux, a strategist at Société Générale, referencing the shakeup in U.S. bond markets that has in turn fed into a stronger dollar.

August 4,2023

The U.S. dollar traded higher against all the other major currencies on Tuesday, but today it seems to be stabilising, properly extending winnings only against the risk-linked currencies, the aussie, kiwi and loonie.

August 2,2023

The Pound to Dollar exchange rate enters a formative period for the outlook and a big week for economies on both sides of the Atlantic with the potential to see highs near 1.30 and lows around 1.27 but with much of the action likely in the latter half when the Bank of England (BoE) and July non-farm payrolls report take center stage.

July 31,2023