The Pound-to-Dollar rate was finding a firmer footing above the recently-tested 1.38 support level on entry into a busy week that could see Sterling’s resilience tested again by the greenback as the Federal Reserve edges closer toward a tapering of its quantitative easing programme.
August 16,2021
For currencies, this could only mean further Dollar strength according to a number of investment bank analysts we follow.
August 13,2021
The Dollar fell following the release of U.S. inflation data that suggested a peak in inflationary pressure might be at hand, thereby taking pressure off the Federal Reserve to begin the process of tightening monetary policy.
August 11,2021
U.S. inflation marks the main calendar focus for foreign exchange markets on Wednesday, with the 13:30 BST release likely to offer up some volatility.
August 11,2021
Dollar demand is intact with no less than three Federal Reserve members having already this week said the time to start reducing the Fed's asset purchase programme is fast approaching.
August 10,2021
The Pound-to-Dollar exchange rate has suffered a series of setbacks that have curbed its upward momentum and could see it slipping lower over the coming days, potentially as far as its 200-day average around 1.3757, as a buoyant Dollar keeps downside risks dominant for Sterling.
August 9,2021
The U.S. Dollar found fresh bidding interest in the wake of a strong U.S. employment report for July although this strength was more evident against the Euro, suggesting a more robust Pound-to-Dollar exchange rate profile going forward.
August 6,2021
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