Pound to Euro Forecast | Pound to Dollar Forecast | Euro to Dollar Forecast | Pound to Australian Dollar Forecast | Pound to New Zealand Dollar Forecast | Pound to Canadian Dollar Forecast
The Pound to Dollar exchange rate unwound a week's worth of gains in mid-week trade after U.S. retail sales surprised strongly on the upside of market expectations for January, leading to a broad bid for the greenback and adding to losses sustained by Sterling in the wake of the latest inflation data from the UK.
February 15,2023
The Pound to Dollar exchange rate lifted from session lows on Friday after a mixed set of September retail sales figures from the U.S. was followed by declines in most Dollar exchange rates, although some economists say that inflation data released previously matters much more for the outlook.
October 14,2022
The Pound-Dollar rate rallied and the greenback hit the skids on Tuesday after February retail sales data surprised on the downside, puncturing the tyres of an American currency charged up on rising bond yields and suggestions of exceptionalist economic credentials.
March 16,2021
Retail sales figures underwhelmed for the month of August on Wednesday, casting a shadow over the outlook for recovery in the world’s largest economy after Washington lawmakers’ pre-election political jockeying left households with a pair of boots that have proven too large for them to fill so far.
September 16,2020
The Dollar was sold heavily on Friday with losses escalating following better-than-expected core retail sales and upgrades to earlier estimates, though in the final session of the week it was Pound Sterling and the Japanese Yen which led the advance on the greenback.
August 14,2020
The Dollar Index cemented its grip on an important support level Tuesday as major currencies ceded ground to the greenback after industrial production figures disappointed investors in the aftermath of a solid retail sales report, although technical analysts see only limited upside for the U.S. unit.
June 16,2020
The greenback extended gains in a risk-off market Thursday, forcing the Pound-to-Dollar rate to test a key downside level, after March retail sales surprised on the upside following a deluge of negative economic numbers from Europe during the morning session.
April 18,2019
The Dollar extended losses Monday after a retail sales figures for the month of February appeared to confirm the economy has shifted down a gear in recent months, strengthening some economists' convictions that the Federal Reserve (Fed) interest rate hiking cycle is now over.
March 11,2019
The U.S. Dollar weakened Thursday after official data revealed a steep slump in retail spending during December that shocked financial markets the world over, although some analysts say a creaking global economy means there is only limited scope for the greenback to depreciate this year.
February 15,2019
The U.S. Dollar was riding high Friday following a strong set of November retail sales, which provided further support to a greenback already boosted by concerns over the Chinese economy and European growth.
December 14,2018
The Dollar strengthened Friday after U.S. retail sales surprised on the downside for August, in what appeared to be a classic sign of risk-aversion, as analysts contemplate what the numbers mean for the economic outlook.
September 14,2018
The US Dollar pared back its earlier losses during noon trading Monday after the latest volley of US retail sales data showed consumer spending rising faster than was expected during the month of March.
April 16,2018
Expectations for a repeat of last month’s soft retail sales numbers were scuppered as the United States Census Bureau reported numbers well ahead of expectations.
May 16,2016
The U.S. dollar was in fine form in mid-week trade, bringing an end to the poor run we have seen over the course of April.
April 13,2016