Pound-Dollar News Directory

The Pound to Dollar exchange rate tumbled below 1.20 in the penultimate session of the week after rising producer prices reminded of ongoing inflation risk in the U.S. and the number of new housing developments starting fell back to its lowest since the 2020 'lockdown.'

February 16,2023

The Pound to Dollar exchange rate unwound a week's worth of gains in mid-week trade after U.S. retail sales surprised strongly on the upside of market expectations for January, leading to a broad bid for the greenback and adding to losses sustained by Sterling in the wake of the latest inflation data from the UK. 

February 15,2023

The pending departure of Vice Chair of the Federal Open Market Committee (FOMC) Lael Brainard is one further potentially hawkish development in the outlook for Federal Reserve interest rates that could have supportive implications for the U.S. Dollar in the weeks ahead. 

February 15,2023

The Dollar went higher in the immediate aftermath of the release of data showing U.S. inflation picked up in January, defying the Federal Reserve's best efforts to bring an end to historically elevated price rises.

February 14,2023

GBP/USD forecasts at Wells Fargo show 1.26 on horizon, EUR/USD to stay near current levels until H2.

February 14,2023

GBP/USD is underpinned by multiple layers of support, fibonacci levels & key average underpin near 1.1950.

February 14,2023