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Currency news

Pound slumps as UK at risk of a credit rating downgrade

The pound was placed on the defensive again on Thursday, amid concerns the UK may be at risk of a credit rating downgrade.

US dollar skyrockets amid souring market mood

The US dollar roared higher on Wednesday. The safe-haven currency recouping the majority of its recent losses as market sentiment soured.

Pound fluctuates amid fiscal plan confusion

The pound traded in a wide range on Tuesday, amid conflicting reports on when the UK government will publish its debt cutting plan.

Pound rallies on Kwarteng’s tax cut U-turn

The pound strengthened on Monday as GBP investors welcomed the UK government’s U-turn on high-income tax cuts.

Weekly Roundup: Australian dollar dented by ...

The Australian dollar was placed on the back foot through the first half of last week. A prevailing risk-off mood leading investors to the shy away fr

Weekly Roundup: US dollar strikes new 20-year ...

The US dollar got off to a roaring start last week. With the safe-haven currency being catapulted to a new two-decade high as the Sterling crisis ripp

Weekly Roundup: Euro dented by Ukraine ...

The euro initially firmed last week. The single currency being underpinned by some hawkish comments from European Central Bank (ECB) policymakers.

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