The U.S. Dollar found fresh bidding interest in the wake of a strong U.S. employment report for July although this strength was more evident against the Euro, suggesting a more robust Pound-to-Dollar exchange rate profile going forward.

August 6,2021

The Pound-to-Dollar exchange rate was trading buoyantly above 1.39 on Thursday, aided by the latest Bank of England (BoE) monetary policy decision, although with attention turning toward Friday’s jobs report from the U.S. and its possible implications for Federal Reserve (Fed) policy.

August 5,2021

Analysts at MUFG have raised their forecasts for the British Pound in light of a sustained fall in UK Covid-19 cases which they say will ultimately allow the Bank of England to raise interest rates in 2022.

August 4,2021

The Pound-to-Dollar rate must navigate an oncoming Bank of England (BoE) policy decision and an important U.S. jobs report, the headlights of which could potentially have a dampening impact on the British currency though recently improving demand Sterling may mean a renewed attempt on the 1.40 level is just a matter of time.

August 2,2021

The Dollar came out of the doldrums in a riposte against its doubters ahead of the weekend even as headwinds to the outlook for the U.S. currency loomed larger in the background of a near-month-end trading session.

July 30,2021

The Pound-to-Dollar exchange rate entered the penultimate session of the week probing the 1.39 handle following overnight Dollar declines that came after Federal Reserve Chairman Jerome Powell took with one hand what the bank itself had previously appeared to give with the other.

July 29,2021