Pound-Dollar News Directory

The U.S. economy is not slowing by as much as investors and economists were expecting, raising bets the Federal Reserve can raise interest rates on yet another occasion before the year is out.

July 31,2023

The Dollar was broadly weaker in the wake of the Federal Reserve's July decision to raise interest rates by 25 basis points and signal that any further rate hikes would be entirely dependent on the nature of incoming data.

July 28,2023

"A 25bp hike is widely expected and it looks far too early for the central bank to soften up its FOMC statement by embracing recent disinflationary trends... this should see the dollar holding onto some of its modest gains made over the last week" - ING.

July 26,2023

The Pound to Dollar exchange rate entered a new and potentially volatile week with a risk or chance of external factors leading to a retest of 1.30 or more in the event of any monetary policy surprises from the Federal Reserve (Fed) or Bank of Japan (BoJ) in the days ahead. 

July 24,2023

The Pound to Dollar exchange rate rose ahead of a key support level that must hold or risk a slide to 1.27, according to a new analysis.

July 25,2023

The Pound to Dollar rate fell back below 1.30 in the opening half of the week but a confluence of factors could see it attempt to regain the level in the days ahead with some risk or chance of new highs near 1.33 owing to a confluence of factors including a less bleak outlook for the UK and global economies.

July 25,2023