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Currency news

GBP/USD plunges to $1.33 as Hawkish Fed spooks markets

The US dollar maintained a positive trajectory yesterday, with the currency continuing to draw support from the Federal Reserve’s hawkish guidance on

EUR/USD plunges to one-month low on hawkish ...

The US dollar roared higher on Wednesday following some hawkish comments from Federal Reserve Chair Jerome Powell, following the US central bank’s lat

US dollar bolstered by bearish trade ...

The US dollar opened this week on strong footing as a prevailing risk-off mood saw investors favour the safe-haven ‘greenback’.

Weekly roundup: Pound infused with volatility ...

The pound traded in a wide range last week, as Bank of England (BoE) rate hike speculation was offset by fears over some underlying weakness in the UK

Weekly roundup: Euro undermined by Russia ...

The euro trended broadly lower last week as the single currency was undermined by fears of potential conflict breaking out on Europe’s doorstep, as Ru

Weekly roundup: US dollar bolstered by rising ...

After a relatively quiet start to the week due to holiday thinned-trade, the US dollar rose sharply in tandem with US Treasury yields, which soared to

Weekly roundup: Australian dollar finds ...

The Australian dollar trended broadly lower through last week’s session, with the risk-sensitive currency facing some pressure amidst notable USD dema

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