The Pound-to-Dollar rate edged higher Wednesday having regained its composure following last week's corrective sell-off, although some analysts say it has scope to recover even further in the coming weeks.
April 14,2021
U.S. inflation rose by more than expected in March, but the beat on expectations was not enough to propel the U.S. Dollar higher in a sign that markets might have already discounted rising inflation over future months.
April 13,2021
The Pound-to-Dollar exchange rate slumped last week as Sterling was caught in a wave of profit-taking but declines had petered out near a tried and tested support level by Friday, and with the greenback having shown signs of tiring its own rally, a tentative attempt at recovery could be made over the coming days.
April 12,2021
The Dollar Index saw a second consecutive decline on Tuesday as Europe returned to market in a holiday-shortened week and European currencies drew a bid alongside Asian counterparts and with little by way of an obvious catalyst to explain the about turn in fortune for the U.S. unit.
April 8,2021
The Pound-to-Dollar exchange rate entered the new week on the offensive and looked to be making a concerted attempt at reversing its March declines as the technical picture brightened on the charts and a pending reopening process brought an economic recovery into view on the horizon.
April 5,2021
Foreign exchange analysts at Credit Suisse are backing the U.S. Dollar to go higher as the U.S. economy picks up further traction thanks to President Joe Biden's newly announced infrastructure spending plans.
April 1,2021
Foreign exchange analysts at Wall Street investment bank Goldman Sacks are maintaining a view that the U.S. Dollar will decline over coming months, even as they acknowledge the currency's strong start to 2021 has confounded their expectations.
March 30,2021
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