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Currency news

Euro undermined by record slump in Eurozone GDP

The euro was on the defensive yesterday as the Eurozone’s latest GDP figures confirmed growth in the bloc took a heavy hit in the first quarter.

Weekly Roundup: Underwhelming Eurozone PMIs ...

The latest signs of slowdown in the Eurozone economy limited the appeal of the euro ahead of the weekend even as a number of countries moved towards e

Tumbling oil prices boost US dollar, pound ...

The US dollar rallied on Monday as a collapse in US oil prices rocked markets and saw investors favour safe-haven assets.

Weekly Roundup: Rising US joblessness fails ...

The decline of the US labour market continued apace with 5.2 million more jobless claims logged in the last week, although this failed to dent the US

US dollar soars, IMF warns coronavirus could ...

The US dollar roared back to life yesterday as a souring market mood saw investors clamouring for the safe-haven currency.

Sterling under pressure as PM admitted to ...

The US dollar struggled against the majority of its rivals on Monday as the coronavirus death toll in Europe began to slow, boosting risk sentiment. T

Weekly Roundup: US dollar shakes off labour ...

While the US labour market continued to demonstrate signs of a major loosening in the course of the last month this failed to drive any major US dolla

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