Pound to Dollar forecast this week

The Pound-to-Dollar exchange rate starts the new the week above 1.40 amidst a broadbased buying of the Pound.

May 10,2021

Dollar exchange rates

The U.S. Dollar fell sharply across the board after data showed the U.S. grew less jobs than the market was expecting in April.

May 7,2021

Bank of England

"We expect the overall messaging from the meeting will have a distinctly hawkish tilt," says Elsa Lignos, Global Head of FX Strategy at RBC Capital Markets. 

May 6,2021

Seasonality in May

Seasonality is a major consideration for foreign exchange markets in April and May, with these two months tending to offer a strong historical guide to the performance of some of then world's major currencies.

May 5,2021

Trading the market

The U.S. Dollar is a standout performer and is advancing by close to half a percent against the Euro and a quarter of a percent against the Pound, at the start of what is typically a strong month for the U.S. currency.

May 4,2021

Dollar vs. Pound week ahead

The Pound-to-Dollar exchange rate entered the new week down sharply from April highs after being turned over by bad global market weather on Friday, but would be likely to sustain a recovery if given the all clear by the Bank of England on Thursday.

May 3,2021

Fed's Powell

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

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