The Pound-to-Dollar exchange rate rebounded last week but risks unravelling anew in the coming days as the government’s coronavirus response threatens the economic recovery and an EU trade agreement remains elusive, although much also depends on whether stock markets recover their poise. 

September 20,2020

The Dollar turned higher against all currencies other than a rejuvenated Japanese Yen Thursday after the Federal Reserve (Fed) upgraded its growth forecasts before setting out what a much-vaunted new approach to inflation will mean for policy in the practice, although it’s not clear if the market reaction is simply profit-taking or a harbinger of a trend change. 

September 17,2020

The Dollar faded on Wednesday as a prior rebound melted away ahead of September’s Federal Reserve (Fed) policy decision in which the bank is expected to set out how its actions could change in the months ahead as a result of a new inflation targeting strategy announced in August. 

September 16,2020

The Dollar Index swung back into the black Tuesday after U.S. officials indicated President Donald Trump could ignore a World Trade Organization (WTO) determination that tariffs imposed on China were in fact illegal, undermining the Yuan, EUR/USD and Pound-to-Dollar rate in the process. 

September 15,2020

The Pound-to-Dollar exchange rate could stabilise at nearby levels in the days ahead after an escalation of  ‘no deal’ Brexit  fears and Sterling’s worst week since March lifted the Dollar Index, although with Brexit again scrawled over the British currency’s wall, further losses may also be likely sooner or later.

September 13,2020

The Pound-to-Dollar exchange rate was left beaten, bruised and bloodied on Friday following a painful week for Sterling exchange rates that have all been walloped by renewed fears about the outcome of the Brexit process, although analysts are warning that further, steep losses are still possible.

September 14,2020