Pound-Dollar News Directory

The Pound to Dollar exchange rate had risen to one-week highs in mid-week trade but handed back these gains after the National Association of Realtors said a slump in pending sales of U.S. homes deepened during November, making for the sixth successive month of declines.

January 5,2023

Foreign exchange analysts are considering the prospect of a near-term retreat in GBP/USD back below the psychologically significant 1.20 level.

January 5,2023

The Pound to Dollar exchange rate was toppled at six-month highs last week as deteriorating economic data and hawkish central banks drove a rout in risky assets but Sterling could benefit this week if the forthcoming holiday period leads the speculative market to lighten up on its own risk for a while. 

December 19,2022

The Pound to Dollar exchange rate fell further in the final session of the week to round off what was a bruising period for Sterling and many other currencies but it also appeared to be stabilising above its nearby 200-day moving-average ahead of the weekend.

December 19,2022

The Dollar strengthened after the Federal Reserve raised interest rates by 50 basis points and lifted its projections of where it expects interest rates to settle at the end of the hiking cycle in 2023.

December 19,2022

GBP/USD is in a clearly defined short-term rally but Wednesday evening's Federal Reserve rate decision is the second of three hurdles the exchange rate must leap ahead of the Christmas break.

December 19,2022