Euro undermined by ECB disappointment
The euro has tested new multi-month lows over the past couple of weeks, in the wake of the European Central Bank’s (ECB) latest interest rate decision.
Currency News
US dollar pressured by Fed rate cut expectations
Volatility in the currency market remained elevated as 2023 came to a close, with bets on central bank interest rate cuts triggering some notable swings.
US dollar rebounds on upbeat payroll data
We have seen some notable volatility in the currency market over the past couple of weeks, particularly in the US dollar, which rebounded from multi-month lows.
US dollar volatile as currency markets adjust
The second half of October brought more volatility as investors tried to gauge whether another Federal Reserve interest rate rise was on the cards.
US dollar soars to multi-month highs
The latter half of September has been characterised by significant US dollar demand, with USD exchange rates being propelled to new multi-month highs.
Pound slides amid gloomy UK outlook
The past couple of weeks have been characterised by a downbeat market mood, which has been particularly painful for the pound.
Fluctuating central bank expectations stoke currency volatility
We witnessed some notable swings in the currency market over the past couple of weeks, as investors revised interest rate expectations for the Bank of England (BoE), European Central Bank (ECB) and Federal Reserve.
Pound supported by robust data
The pound trended broadly higher over the past couple of weeks as some stronger-than-expected UK data releases bolstered Bank of England (BoE) interest rate expectations.
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.
Slowing inflation triggers dramatic currency movement
We witnessed some dramatic swings in the currency market over the past couple of weeks, amid signs inflationary pressures are easing across the globe.