Euro stumbles amid poor consumer confidence
The euro slipped on Friday as consumer confidence in the eurozone in May stayed close to the 22-month low reached in March.
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The euro slipped on Friday as consumer confidence in the eurozone in May stayed close to the 22-month low reached in March.
The US dollar fell to two-week lows against its major rivals yesterday after concerns over the US economy’s resilience sapped USD demand.
The pound fell sharply yesterday after the UK inflation rate jumped from 7% to 9% – its highest level since 1982.
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
The pound, euro and US dollar all wavered yesterday as markets waited for higher-impact data later in the week.
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
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
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