Currency markets rocked by banking sector crisis
A crisis in the banking sector infused considerable volatility into the currency market over the past couple of weeks.
Currency News
Fluctuating interest rate expectations stoke currency volatility
The past couple of weeks have seen movement in the currency market grow increasingly volatile amid frequent repricing of central bank interest rate expectations.
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.
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.
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 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.
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.