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.
currency news
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.
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.
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.