The Pound-to-Dollar exchange rate was trading buoyantly above 1.39 on Thursday, aided by the latest Bank of England (BoE) monetary policy decision, although with attention turning toward Friday’s jobs report from the U.S. and its possible implications for Federal Reserve (Fed) policy.
August 5,2021
Analysts at MUFG have raised their forecasts for the British Pound in light of a sustained fall in UK Covid-19 cases which they say will ultimately allow the Bank of England to raise interest rates in 2022.
August 4,2021
The Pound-to-Dollar rate must navigate an oncoming Bank of England (BoE) policy decision and an important U.S. jobs report, the headlights of which could potentially have a dampening impact on the British currency though recently improving demand Sterling may mean a renewed attempt on the 1.40 level is just a matter of time.
August 2,2021
The Dollar came out of the doldrums in a riposte against its doubters ahead of the weekend even as headwinds to the outlook for the U.S. currency loomed larger in the background of a near-month-end trading session.
July 30,2021
The Pound-to-Dollar exchange rate entered the penultimate session of the week probing the 1.39 handle following overnight Dollar declines that came after Federal Reserve Chairman Jerome Powell took with one hand what the bank itself had previously appeared to give with the other.
July 29,2021
The Pound-to-Dollar exchange rate has pared back half of its June-to-July decline following a robust rebound from last week’s lows but the outlook for it hangs in the balance ahead of this Wednesday’s all-important Federal Reserve (Fed) monetary policy decision.
July 28,2021
The highlight of the week for the U.S. Dollar and global markets approaches in the form of Wednesday's Federal Reserve policy update.
July 27,2021
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