The Pound-to-Dollar exchange rate enters the new week in the higher end of its likely range and could be volatile over the coming days as the market digests commentary from the Federal Reserve (Fed) while processing economic data from the UK, U.S. and other major economies.

July 11,2021

The UK economy grew 24.6% in the year to May, an impressive headline figure flattered by the economic crash a year earlier but one that nonetheless is softer than the 25.9% the market had been expecting.

July 9,2021

The Pound-to-Dollar exchange rate entered the penultimate session of the week appearing well supported after minutes of June’s Federal Reserve (Fed) meeting asked awkward questions of market assumptions about the bank’s timeline for ending its quantitative easing (QE) programme and lifting interest rates.

July 8,2021

The Dollar is finding support amidst renewed investor anxieties over medium-term global growth according to new research, suggesting those watching this currency will have more than just the U.S. Federal Reserve and inflation expectations to consider.

July 7,2021

The strong performance of the U.S. Dollar through the mid-year period has caught many in the foreign exchange market by surprise, but currency analysts at a leading Swiss bank are sticking with their view that the Dollar will underperform longer-term.

July 6,2021

The Pound-to-Dollar exchange rate enters the new week near to three-month lows and with minutes of June’s Federal Reserve (Fed) meeting threatening to keep the greenback on its front foot, Sterling could now face a battle to hold onto the under-pressure 1.38 handle.

July 4,2021