The Pound-to-Dollar rate surged Wednesday as Sterling outperformed all but the oil-linked Norwegian Krone although gains reflected the ebb and flow of risk appetite and positioning, rather than a fundamentally positive change in the outlook for the British currency.
July 1,2020
New technical analysis of the U.S. Dollar shows the currency is at a crossroads where a long-term period of appreciation could be about to either flip over, or resume.
June 29,2020
The Pound-to-Dollar exchange rate toppled into the weekend after an earlier recovery unravelled from Wednesday on, leaving Sterling clutching for support as the Brexit talks resume and safe-haven demand for the greenback picks up on souring risk appetite among investors.
June 28,2020
U.S. labour market pains intensified last week as companies continued to shed jobs although economists have warned that losses could intensify if a second wave of coronavirus succeeds in stifling the economic recovery in some states.
June 25,2020
The Pound-to-Dollar rate defied gravity Thursday but is at risk of slipping lower through volatile summer months as coronavirus, geopolitical tensions and Brexit compete with the global recovery narrative for investors' attention.
June 25,2020
The Pound-to-Dollar rate was softer on Wednesday as risk appetite ebbed and the greenback steadied in response to mounting concerns over a growing second wave of coronavirus infections and an increase in trade tensions.
June 24,2020
The U.S. Dollar has appreciated in value for a number of years now courtesy of the superior growth prospects of the U.S. economy relative to the rest of the world as well as higher interest rates at the U.S. Federal Reserve, but the currency's time at the top is drawing to an end say analysts.
June 24,2020
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