Pound-Dollar News Directory

The Pound to Dollar exchange rate has reversed just more than half of the year's steep decline in recent weeks but with the UK economic outlook as ugly as one gets and the Federal Reserve (Fed) interest rate cycle not yet over GBP/USD could easily find itself on special offer in the Christmas Sales. 

November 24,2022

Federal Reserve (Fed) policymakers were far from uninanimous in their views on how much further interest rates may need to rise in November and recent data has done little to suggest that would have changed since this month's meeting, though analysts at ING say it's too early to count the U.S. Dollar out.

November 24,2022

The Pound to Dollar exchange rate climbed back above 1.20 for the first time since August in midweek trade as losses for the greenback grew following the release of data suggeting that key U.S. industries fell deeper into recession this month and that the local labour market may be beginning to crack.

November 24,2022

HSBC sees USD uptrend ending, upgrades GBP/USD forecasts.

November 23,2022

The Dollar was bid and stocks were lower amidst signs China is tightening restrictions to confront a growing outbreak of Covid-19.

November 21,2022

GBP/USD technicals broadly positive as near-term USD retreat remains intact.

November 21,2022