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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.

Weekly Roundup: Pound trades with extreme ...

The pound fell off a cliff at the start of last week. The previous week’s Sterling selling bias remaining firmly in place after Chancellor Kwasi Kwart

EUR/USD exchange rate plunges to $0.97 amid ...

The US dollar raced higher on Friday as fears of a possible escalation in the Russia-Ukraine war spooked investors and bolstered USD demand.

Pound highly volatile as BoE intervenes in ...

Trade in the Pound remained highly erratic on Wednesday as the Bank of England (BoE) announced an intervention in the bond market.

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