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Currency news

GBP/USD recaptures 1.21 following colossal rise in US ...

The US dollar collapsed on Thursday in response to a shockingly large rise in US jobless claims last week.

Weekly Roundup: RBA and RBNZ quantitative ...

While both the RBA and the Reserve Bank of New Zealand (RBNZ) launched quantitative easing programmes this was not enough to encourage a greater sen

Weekly Roundup: Euro recovers footing as ECB ...

After previously failing to impress markets, the ECB stepped up its response to the Covid-19 crisis, encouraging renewed demand for the single currenc

Weekly Roundup: Emergency BoE action lifts ...

Market apathy over the extent of UK government action to combat the impact of Covid-19 saw the pound fall to an eleven-year low against the euro and a

Weekly Roundup: US dollar buoyant despite 2nd ...

A general sense of risk-aversion kept the US dollar on a generally stronger footing against its rivals, even as the Federal Reserve turned dovish.

Weekly Roundup: US dollar tumbles following ...

The US dollar came under considerable pressure last week after the Federal Reserve shocked markets by slashing interest rates.

Weekly Roundup: Surprise Fed interest rate ...

The Federal Reserve’s decision to cut interest rates in an emergency move left the US dollar on a generally weaker footing, having caught markets by s

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