Central bank policy bets boost Euro and dent USD
Central bank policy bets boost the euro and dent the US dollar – Central bank dynamics have driven the currency markets over the last fortnight.
USD returns to strength at start of 2023
After ending 2022 on the back foot, the US dollar starts 2023 with a bang. Soaring more than 1% as currency markets reopened after the new year.
Dovish Fed pivot weakens the US dollar
Economic uncertainty has continued over the past fortnight, with recession fears and central bank dynamics causing turbulence in the currency market.
Cooling US inflation triggers USD sell-off
A slowdown in US inflation hammered the US dollar over the past two weeks, while prompting a risk-on rally in markets. However, downbeat economic and geopolitical news caused some turbulence.
UK Fiscal and Political Uncertainty rock the GBP
The pound continued to trade with considerable volatility over the past fortnight amid fiscal and political uncertainty in the UK.
GBP/USD collapse to record low
We have witnessed some dramatic movement in the currency market over the past few weeks, most notably in the pound, which crashed to an all-time low against the US dollar.
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.