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Currency news

Euro soars as ECB considers 50bps rate hike

The euro rallied on Tuesday, the single currency drawing support from reports that the European Central Bank (ECB) is considering a 50bps interest rat

Pound rallies on BoE rate hike bets

The pound rallied on Monday, underpinned by growing bets that the Bank of England (BoE) will accelerate its current tightening cycle.

Weekly Roundup: US dollar strengthens amid ...

The US dollar got off to a strong start last week, firming as the previous week’s payroll figures bolstered Federal Reserve rate hike expectations.

Weekly Roundup: Euro hits parity with the US ...

The big story last week was the euro’s move to parity with the US dollar, which suppressed EUR sentiment through much of the session.

Weekly Roundup: Pound undermined by political ...

The pound found itself on the defensive through much of last week as the Conservative leadership race officially got underway.

US dollar dips on easing Fed rate hike bets

The US dollar ticked lower on Friday, undermined by a repricing of Federal Reserve rate hike bets.

US dollar surges on Fed rate hike expectations

The US dollar rallied again on Thursday, underpinned by aggressive Federal Reserve rate hike expectations.

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