US dollar rocked as US slips into a recession
The US dollar fluctuated on Thursday after the US reported a shock contraction of growth in the second quarter.
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The US dollar fluctuated on Thursday after the US reported a shock contraction of growth in the second quarter.
The pound has traded erratically over the past month, in large part due to considerable political uncertainty in the UK.
The euro saw significant losses over the past month. Fears of a potential Eurozone recession as well as gas supply concerns weighing heavily on the si
Trade in the Australian dollar was mixed at the end of June, printing higher against some currencies while sinking against others.
The US dollar plummeted yesterday in response to a ‘dovish’ 75bps interest rate hike from the Federal Reserve.
The pound ticked higher on Monday amid speculation over the Bank of England’s (BoE) next interest rate hike.
The Australian dollar trended broadly higher last week, underpinned by a hawkish Reserve Bank of Australia (RBA).
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