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Currency news

Weekly Roundup: Euro wavers amid mixed data

The euro wobbled last Monday amid some mixed eurozone data. German retail sales unexpectedly slumped, while the euro area manufacturing PMI confirmed

Weekly Roundup: Pound dented by BoE recession ...

The pound initially strengthened last week as markets increasingly priced in a 50-bp rate rise from the Bank of England.

US dollar skyrockets as US payrolls smash ...

The US dollar stormed higher on Friday after the latest US non farm payroll figures stoked Federal Reserve rate hike bets.

Pound slides as BoE warns of coming UK ...

The pound tumbled yesterday after the Bank of England (BoE) forecast a UK recession beginning in the fourth quarter of this year.

US dollar jumps following upbeat services PMI

The US dollar surged higher yesterday after strong American economic data boosted Federal Reserve rate rise bets.

US dollar climbs as China tensions spark risk ...

The US dollar rose yesterday as growing tensions between the US and China spooked global markets, thereby driving investors to the safe-haven ‘greenba

Pound rises as markets price in 0.5% rate ...

The pound firmed yesterday as markets became increasingly expectant of a 0.5% rate rise from the Bank of England (BoE) later this week.

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