GBP/USD fell back ahead of the weekend, retreating to 1.3685 amidst a broader bid for the U.S. Dollar that analysts say is linked to a fall in global stock markets.
January 29,2021
The Dollar retreated as stock markets and commodity prices attempted to recover some of the substantial ground lost over the past 24 hours, moves aided by some solid U.S. economic numbers.
January 28,2021
The Dollar has strengthened over the course of the past 24 hours in the wake of the Federal Reserve policy meeting, although the prime driver of the move appears to be a sharp decline in markets.
January 28,2021
Dollar bears took no chances in advance of Wednesday's Federal Reserve (Fed) decision as all major U.S. exchange rates swung higher ahead of an event that will see awkward questions asked of Chairman Jerome Powell and potentially also investors in American stocks and bonds.
January 27,2021
The Pound-to-Dollar exchange rate rose to retest an important resistance level on the charts Tuesday as Sterling enjoyed tailwinds provided by a less downbeat, if-not brightening domestic backdrop, although some analysts say that gains could lift it above 1.40 in the weeks ahead.
January 26,2021
The Pound-to-Dollar rate snapped a three-day winning streak on Friday and may see further losses if risk-aversion continues to upend global markets, but bullish charts and the UK's lead on coronavirus vaccinations have got some analysts suggesting new multi-year highs are only a matter of time.
January 24,2021
The Dollar was down across the board on Thursday and in the first full trading session under the new U.S. administration although it remained above earlier lows while new forecasts from ABN Amro and Commerzbank suggest it may already have bottomed out for at least the duration of 2021.
January 21,2021
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