The Pound-to-Dollar exchange rate is trading at around 1.2157 at the time of writing after falling 1.8% in the week before. Studies of the charts suggest the pair will continue falling in line with the dominant downtrend.
August 4,2019
The Dollar appeared to stabilise Friday as investors bid for the currency in the wake of a nonfarm payrolls report that revealed ongoing strength in the jobs market through July, which some say vindicates the Federal Reserve (Fed) for its decision to be cautious in cutting interest rates.
August 2,2019
The Pound-to-Dollar stabilised Thursday as the greenback capitulated near to a 2019 high and sank rapidly to an intraday loss after President Donald Trump said he will impose fresh tariffs on China's remaining exports to the U.S. from September 01.
August 1,2019
The Pound ceded ground to a resurgent Dollar Thursday and is now tipped for a return to its 2016 "flash crash low" after the Federal Reserve (Fed) breathed new life into the greenback when it appeared to suggest it might not cut U.S. interest rates this year as much as the markets were anticipating.
August 1,2019
The Dollar was treading water early in the Wednesday session ahead of the July interest rate decision of the Federal Reserve (Fed), which promises to be a landmark moment in the 2019 story of the U.S. currency regardless of whether policymakers indulge markets with the rate cut they're anticipating.
July 31,2019
The Pound slumped even further Tuesday amid a second consecutive declines for the British currency as the markets move to price-in an increased likelihood of a 'no deal' Brexit this Autumn, although multiple analysts say further losses are likely over the coming weeks.
July 30,2019
The Pound was clobbered in the opening session of the week after the government said it is now working under the assumption the UK will leave the EU in 'no deal' Brexit at the end of October, which has already prompted BMO Capital Markets to downgrade its forecasts for the British currency.
July 29,2019
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