The Pound to Dollar exchange rate (GBP/USD) has rallied sharply over the course of the past 24 hours and is close to the multi-month highs reached on Jan. 01.
January 13,2021
The Dollar softened on Tuesday as stocks and bonds stabilised although the danger is that Federal Reserve (Fed) chatter about a tapering of its quantitative easing programme continues in the coming weeks and further tests investor sentiment as well as the market’s bearish outlook for the greenback.
January 12,2021
The Pound-to-Dollar exchange rate is stalling having sustained its first weekly decline since early December and is tipped by some analysts for a further retreat over the coming days, in which Sterling will be vulnerable amid any further profit-taking by investors on wagers against the Dollar.
January 11,2021
The Dollar Index reversed lower Friday while other currencies were lifted by default when non-farm payrolls figures showed the U.S. job market cracking around year-end and after a period when coronavirus containment efforts were again closing down parts of the world's largest economy.
January 8,2021
The Pound-to-Dollar exchange rate (GBP/USD) has retreated a third of a percent to 1.3584, following news that Georgia Democrat Jon Ossoff has won his Senate runoff election in the U.S. state of Georgia.
January 7,2021
U.S. Dollar exchange rates saw widespread losses on Wednesday as Georgia State's runoff election appeared to vindicate a downbeat outlook for the currency in 2021, although a lack of upside for many major rivals is a prospective curveball that could offer short-term support to the Dollar Index in the weeks ahead.
January 6,2021
Pound Sterling is being tipped to make a dash back towards the multi-month highs achieved on Monday, with analysts citing the outcome of the Georgia senate elections as being a key driver of Dollar weakness midweek.
January 6,2021
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