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Currency news

GBP/USD breaches $1.30 on gloomy Fed outlook

The US dollar continued retreating yesterday, this time in response to the Federal Reserve’s gloomy market outlook.

GBP/USD to break the 1.30 barrier on dovish ...

The pound maintained its bullish momentum on Tuesday, despite a more cautious mood descending upon markets.

Weekly Roundup: Shifting risk sentiment to ...

The Australian dollar (AUD) struggled at the beginning of last week after it was revealed that Japan’s economy – the third largest in the world – had

Weekly Roundup: Will a dovish Federal Reserve ...

The US dollar (USD) struggled at the beginning of last week as hopes of a possible Covid-19 vaccine boosted risk appetite and weighed on demand for th

Weekly Roundup: Euro rally slows but still ...

Investors may be hesitant to keep buying the euro higher this week after months of strong performance and improving support. However, the euro remains

Weekly Roundup: Pound boosted by Barnier’s ...

The pound was offered support at the start of the week after anonymous sources claimed the European Union’s chief Brexit negotiator expressed confiden

US dollar weakness drives euro to 20-month ...

The pound held its ground yesterday, boosted by weakness in the US dollar but limited by persistent Brexit uncertainty.

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