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US dollar soars as coronavirus panic rocks markets

The US dollar roared higher on Thursday as coronavirus fears triggered another day of chaos and demand for the safe-haven currency exploded.

ECB rate decision in focus

The pound climbed on Wednesday in response to hopes that the Bank of England’s unscheduled rate cut and a £30bn stimulus package announced in the UK’s

Bank of England cuts interest rates, Spring ...

The Bank of England (BoE) became the latest central bank to cut rates this morning, delivering a surprise 50 basis point cut just hours before the UK’

BoE announces emergency rate cut, UK Budget ...

In a surprise move, the Bank of England (BoE) announced this morning that it will be implementing an emergency rate cut in order to help protect the e

Currency markets in chaos, US dollar slides

Trade in the pound was mixed at the start of the week, with the UK’s relatively limited outbreak of the coronavirus allowing for a modest uptick in St

Weekly Roundup: Pound rocked by BoE rate cut ...

The pound traded in a wide range last week, driven by Bank of England (BoE) rate speculation and Brexit uncertainty.

UK Budget and ECB rate decision set to spark ...

Sterling was modestly supported before the weekend by comments from the European Union’s chief Brexit negotiator. Michel Barnier said that despite the

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