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The U.S. Dollar deflated in broad overnight losses, enabling the Pound-to-Dollar exchange rate to decisively reclaim 1.39 before looking toward the landmark 1.40 handle after the Federal Reserve stayed a steady and stable monetary policy course in April.
April 29,2021
The Pound-to-Dollar exchange rate is on the cusp of another firecracking rally that will be aided by investors' improving sentiment toward the global economy as well as trade-weighted depreciations of the greenback and Chinese Renminbi.
April 25,2021
The Dollar Index stabilised on Thursday following widespread declines in the last week that have almost no major U.S. exchange rate untouched although analysts at Citi FX and Westpac say recent losses likely foreshadow further falls that could see the greenback return to early February lows.
April 22,2021
A "golden crossover" formation on the longer-term GBP/USD exchange rate charts have technical analysts at Commerzbank confident that Pound Sterling retains an uptrend bias against the Dollar.
April 21,2021
The 'reflation trade' keeps the British Pound underpinned says Fawad Razaqzada, Market Analyst at ThinkMarkets.com.
April 20,2021
GBP/USD enters the new week 0.30% higher at 1.3895 and will look to make Monday its sixth consecutive daily advance.
April 19,2021
The British Pound was set to close out the week with an advance in the region of three-quarters of a percent against the Dollar, thanks to a strong recovery move during the Friday trading session.
April 16,2021
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Need Help? WhatsApp me.
Horizon Currency's dealing desk is here to answer any questions you have about the market.
Sam is one of our specialists and can be WhatsApped questions via this link.