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.
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.
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.
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.
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.
The second half of October brought more volatility as investors tried to gauge whether another Federal Reserve interest rate rise was on the cards.
The latter half of September has been characterised by significant US dollar demand, with USD exchange rates being propelled to new multi-month highs.
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.
The past couple of weeks have seen the euro face significant pressure amid fears of an impending Eurozone recession.
We witnessed some dramatic swings in the currency market over the past couple of weeks, amid signs inflationary pressures are easing across the globe.
