EUR/USD rebounded from parity
Currency volatility remained elevated over the past couple of weeks, most notably in the EUR/USD exchange rates will jumped back above parity following the latest European Central Bank (ECB) rate decision.
Pound rocked by BoE’s bleak economic forecasts
Central bank policy speculation has been a key driver of currency movement over the past couple of weeks and had infused the FX market with some notable volatility.
Euro/USD sustains fall below parity
The currency market has been infused with some notable volatility over the past couple of weeks, following Russia’s invasion of Ukraine.
Euro strikes parity with the US dollar
The past couple of weeks have seen the euro face significant pressure amid fears of an impending Eurozone recession.
Recession fears turbocharge US dollar
Fears of a looming global recession have acted as a key catalyst of movement in the currency market over the past couple of week, leading to investors favouring safe-haven assets.
Currency Markets Rocked
Trade in the currency market has been erratic through the first half of June following the European Central Bank’s (ECB), Federal Reserve’s and Bank of England’s (BoE) latest interest rate decisions.