US dollar rebounds as investors trim Fed rate cut bets
We have witnessed some notable swings in the currency market over the past couple of weeks amid a shifting of central bank interest rate expectations.
Currency News
US dollar rocked by fluctuating Fed rate cut bets
Trade in the currency market was erratic over the past couple of weeks, amid shifting central bank interest rate cut speculation.
US dollar plummets to multi-month lows on dovish Fed signals
The past couple of weeks have been marked by considerable weakness in the US dollar resulting from dovish signals from the Federal Reserve.
US recession fears rock markets
We have seen some dramatic swings in the pound, euro and US dollar over the past couple of weeks as concerns over the US economy rippled through markets.
Pound soars as markets scale back BoE rate cut bets
Over the past two weeks, the pound has made some impressive gains following the Labour Party’s election landslide and hawkish comments from Bank of England (BoE) officials. During this time, GBP/EUR struck a fresh 23-month high, very briefly breaking above €1.19, while EUR/GBP dipped below £0.84
Euro knocked by French election jitters
The euro has faced some notable pressure over the past couple of weeks amid the fallout from the latest European elections.
During this period, we’ve seen GBP/EUR hold just shy of a two-year high at €1.18, while EUR/GBP held at £0.84.
Pound knocked by dovish BoE
Central bank interest rate expectations continued to drive movement in the currency market in the first half of May, with the pound and US dollar particularly exposed to volatility.
US dollar slips from multi-month highs as US GDP disappoints
The past couple of weeks have been characterised by some significant swings in the US dollar as investors repriced their Federal Reserve interest rate expectations.
US dollar plummets to multi-month lows
The past couple of weeks have been market by a sharp pullback in the US dollar, amid renewed Federal Reserve interest rate cut speculation.
US dollar soars as Fed rules out March rate cut
The US dollar struck new multi-month highs in the first half of February, after the Federal Reserve pushed back strongly against bets for an imminent interest rate cut.