Pound-to-Dollar exchange rate in the week ahead: biased to the downside according to technicals, but critical week of Brexit developments could inject substantial volatility into market.
April 7,2019
The Dollar was seen stronger against the Pound and volatile against the Euro after it was announced the U.S. economy added 196K jobs in March, well ahead of expectations for a reading of 175K expected by the market.
April 5,2019
The U.S. Dollar was seen outperforming major rivals on Thursday, April 04 after labour market data easily beat analyst expectations and confirmed to currency market's the world's largest economy remains in rude health.
April 4,2019
The Dollar extended an intraday loss Wednesday after the Institute for Supply Management (ISM) non-manufacturing index came out lower than was expected for the February month, suggesting growth within the mighty U.S. services sector has softened of late.
April 3,2019
The U.S. greenback pared earlier gains during noon trading Tuesday, handing a fleeting moment of suport to the Pound-to-Dollar rate, after official data showed companies cutting back sharply on equipment expenditure during February.
April 2,2019
The Pound-to-Dollar rate is set to begin trading around 1.3043 on Sunday after falling more than one percent in the previous week, and the eat the start of the new week, down 1.3% from the week before.
March 31,2019
The Pound-to-Dollar rate has fallen more than one percent this week but the longer-term uptrend remains intact and signs of progress in the Brexit saga are on the verge of triggering a renewed leg higher.
March 29,2019
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