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.
Currencies Direct
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 spikes to six-week high on impressive US data
Movement in the currency market has remained erratic over the past couple of weeks, with this volatility being exacerbated by thin trading conditions over the Easter weekend.
Pound slumps amid BoE rate cut bets
Central bank interest rate cut speculation has triggered some notable movement in the currency market over the past couple of weeks.
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.
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.
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.