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Currency news

Pound weakens as UK economy shrinks in Q2

The pound retreated on Friday as the UK’s latest GDP figures stoked concerns the UK could slip into a recession a little sooner than previously though

US dollar extends losses as US PPI slows

The US dollar continued to trend lower on Thursday, following the publication of the latest US PPI figures.

US dollar collapses following ...

The US dollar nosedived on Wednesday amid signs that US inflation may have peaked following a sizeable slowdown in June.

US dollar to weaken as inflation slows?

The US dollar ticked lower on Tuesday, undermined by positive risk flows and softer US inflation expectations.

Pound fluctuates gloomy UK economic outlook

The pound fluctuated on Monday, initially rising in spite of continued fears that the UK will slip into a recession later in the year.

Weekly Roundup: Australian dollar rocked by ...

The Australian dollar tumbled early last week after the Reserve Bank of Australia’s (RBA) dovish hike. Although the central bank raised rates by 50 bp

Weekly Roundup: US dollar soars as payrolls ...

The US dollar slumped at the start of last week’s trade as a risk-on mood dampened demand for the safe-haven currency.

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