The Pound-to-Dollar rate has broken higher from a narrow August range and is now targeting December's election rally highs amid an unravelling of the U.S. greenback, although lingering Brexit uncertainties, U.S. economic resilience and the oversold nautre of the Dollar could slow Sterling's ascent. 

August 30,2020

The Dollar Index was on course for its steepest loss since its May capitulation as the U.S. yield outlook darkened following a strategy change at the Federal Reserve (Fed), which has lifted the Pound-to-Dollar rate to eight month highs while offering a glimpse of levels not seen since early 2018.

August 28,2020

The Pound-to-Dollar exchange rate has broken to a fresh 8-month high at 1.3290 ahead of the weekend, the move coming courtesy of a sizeable adjustment in the U.S. Dollar following Thursday's important policy briefing form the U.S. Federal Reserve at the Jackson Hole Symposium.

August 28,2020

The Dollar smiled on Wednesday after durable goods data bolstered the outlook for business investment and fueled a correction in U.S. exchange rates, although this didn't prevent Sterling from swinging back into the black following robust demand for new 10-year British government bonds amid rising yields. 

August 26,2020

The Pound-to-Dollar exchange rate signed off with a soft finish to an otherwise strong week on Friday but could see further losses over the coming days, according to a range of analysts who see the greenback correcting higher ahead of an important speech from Federal Reserve Chairman Jerome Powell. 

August 24,2020

The Pound-to-Dollar exchange rate advanced back toward earlier highs in volatile trading Thursday but may already have seen its best days at least until next year, according to strategists at ABN Amro, who've been seconded by Pantheon Macroeconomics in expressing concerns about the Brexit process and economic outlook. 

August 21,2020