Pound-Dollar News Directory

USD could be in the final phase of its multi-month rally according to analysts at Capital Economics, although they warn it is still too soon to prepare for the Greenback to roll over and turn trend.

November 9,2022

The Pound to Dollar rate has rebounded sharply from earlier losses and may attempt to recover further in the days ahead but it could also be at risk of unravelling again if this Thursday's inflation data provides an endorsement of the Federal Reserve's (Fed) ever more hawkish interest rate stance.

November 7,2022

USD a percent against GBP and 1.20% against EUR following the release of U.S. labour market data that, while still strong, confirmed a trend of slowing employment gains and wage growth.

November 4,2022

The Dollar strengthened in the hours following another large U.S. interest rate hike and a clear message from Chair Jerome Powell that further hikes were necessary to bring inflation lower.

November 3,2022

The Fed is not ready to pivot say some analysts, if they are correct the Dollar could move higher following today's Fed decision.

November 2,2022

This could therefore be a week that sees the Dollar reassert its dominance.

November 1,2022