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Currency news

US dollar drops to two-week lows on US economy concerns

The US dollar fell to two-week lows against its major rivals yesterday after concerns over the US economy’s resilience sapped USD demand.

Pound slides as UK inflation hits 40-year high

The pound fell sharply yesterday after the UK inflation rate jumped from 7% to 9% – its highest level since 1982.

Pound hits two-week highs on strong jobs data

The pound surged higher at the start of yesterday’s session, hitting two-week highs against the US dollar and the euro, after the UK’s latest labour m

Key currencies wobble as investors await ...

The pound, euro and US dollar all wavered yesterday as markets waited for higher-impact data later in the week.

Weekly Roundup: Australian dollar wavers ...

The risk-sensitive Australian dollar fluctuated lower last week. While the shifting market mood made for some choppy trade, the week ended in a risk-a

Weekly Roundup: US dollar strengthens as ...

At the start of last week’s trade, the US dollar suffered some profit-taking after the US dollar index hit a 20-year high. However, a bearish market m

Weekly Roundup: Euro slides as Russia-EU ...

The euro climbed last week as EUR investors cheered the news that Putin did not declare all-out war against Ukraine, as some analysts had feared he wo

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