Pound-Dollar News Directory

The Pound to Dollar exchange rate drew a bid from the market when falling near to the 1.20 handle ahead of the weekend but could slip back toward or even below that level later this week if July’s U.S. inflation figures offer a further incitement to the still-hawkish Federal Reserve (Fed). 

August 8,2022

The U.S. economy added 528K jobs in July, a number that more than doubled the 250K jobs the market was expecting and aided a rebound in the U.S. Dollar.

August 5,2022

The Pound to Dollar exchange rate slumped alongside other Sterling pairs on Thursday after the Bank of England (BoE) heaped further pressure onto already embattled companies and households with its largest interest rate rise for 27 years while offering an ominous warning about the outlook for the UK economy.

August 4,2022

The U.S. Dollar reversed earlier losses to make intraday gains over some other major currencies after the Institute for Supply Management (ISM) Services PMI confounded market expectations by rising for the month of July in contrast to the alternative barometer compiled by S&P Global. 

August 3,2022

A key measure of U.S. inflationary developments adds to evidence a peak in inflation is nearing, weighing on the Dollar at the start of August.

August 1,2022

The Pound to Dollar exchange rate rallied to one month highs above 1.22 last week but the going could get tougher in the days ahead when it will navigate a minefield of U.S. economic data risks just as the shadow of the Bank of England (BoE) looms larger and larger over Sterling. 

August 1,2022