Pound-Dollar News Directory

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

The U.S. Dollar can maintain its recent trend of appreciation helped by favourable seasonal trends and will be untroubled by a recent rating agency downgrade of U.S. debt, shows new research from JP Morgan.

August 8,2023

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