Pound-Dollar News Directory

Pound Sterling recovered lost ground from a retreating Dollar in the penultimate session of the week but the latest from the Federal Reserve (Fed) and Bank of England (BoE) suggests the outlook is hinged on the future direction of U.S. inflation and the UK’s currently faltering economy.

November 3,2022

Standard Chartered's wealth management division are bearish on the U.S. Dollar on a six to twelve month view as they sense a major turning point for global currency markets is approaching.

June 28,2022

The Pound to Dollar exchange rate has clung onto much of the gain made in the wake of June’s Bank of England (BoE) policy decision but without any further corrective decline by the Dollar, Sterling could be likely to consolidate within roughly a 1.2171 to 1.2323 range during the week ahead.

June 27,2022

Expectations for the scale of interest rate hikes at the major central banks might have peaked, which might mean financial and foreign exchange markets have witnessed an important turning point.

June 24,2022

On a day of PMI data releases it is the UK which has surprised positively while the Eurozone and U.S. have all delivered sizeable downside surprises.

June 23,2022

"We maintain our view that the USD is likely to be stronger for longer" - Rabobank.

June 21,2022