US dollar softens amid some profit taking
The US dollar slipped on Friday, undermined by a bout of profit taking and a concerning drop in US personal spending.
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The US dollar slipped on Friday, undermined by a bout of profit taking and a concerning drop in US personal spending.
The US dollar maintained a positive trajectory yesterday, with the currency continuing to draw support from the Federal Reserve’s hawkish guidance on
The US dollar roared higher on Wednesday following some hawkish comments from Federal Reserve Chair Jerome Powell, following the US central bank’s lat
The US dollar opened this week on strong footing as a prevailing risk-off mood saw investors favour the safe-haven ‘greenback’.
After a relatively quiet start to the week due to holiday thinned-trade, the US dollar rose sharply in tandem with US Treasury yields, which soared to
The pound came under some notable selling pressure on Friday in response to a lacklustre UK retail sales print.
The pound struck higher again on Thursday, bolstered by hopes that Boris Johnson may have seen off any immediate threat of a leadership challenge.
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