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 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.
The pound continued to trade with considerable volatility over the past fortnight amid fiscal and political uncertainty in the UK.
Central bank rate decisions inspire volatility in the pound, euro and US dollar
Currency volatility remained elevated over the past couple of weeks, most notably in the EUR/USD exchange rates will jumped back above parity following the latest European Central Bank (ECB) rate decision.
