Pound-Dollar News Directory

The Pound to Dollar exchange rate rose strongly in March but could climb further to retest the year's highs near 1.25 this week as a fresh rally in oil prices keeps the immediate interest rate risks tilting higher at the Bank of England (BoE) and more so than for the Federal Reserve (Fed).

April 11,2023

The Pound to Dollar exchange rate pared earlier losses to trade buoyantly near the year's highs ahead of the weekend after the Federal Reserve's (Fed) preferred inflation measure fell further than was expected in the latest update, curbing a corrective rebound by the greenback.

March 31,2023

The Pound to Dollar exchange rate came within arm's reach of year-to-date highs when testing a major technical resistance level on the charts in the penultimate session of the week but will risk upset on Friday when the Federal Reserve's (Fed) preferred reading of inflation is announced.

March 30,2023

The Dollar lagged major peers as investors bet banking sector woes have passed and U.S. labour market data pointed to an increase in joblessness ahead.

March 30,2023

A move to 1.27 would offer Sterling sellers their greatest purchasing power since April 2022.

March 29,2023

Capital Economics, the independent economics research provider, maintains a view the Dollar will continue to strengthen over the coming weeks, but it should turn lower from around mid-year.

March 28,2023