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GBP/USD drops to $1.38 amid rising US Treasury yields

The US dollar struck higher on Monday, rising in step with US Treasury yields, which were bolstered by US economic optimism.

Weekly roundup: Pound appeal dented as UK GDP ...

Confidence in the health of the UK economy took a fresh blow thanks to January’s GDP report, leaving the pound on the back foot.

Weekly roundup: ECB bond-buying pledge fails ...

As the ECB prepared to frontload its bond-buying activity, the mood towards the euro temporarily soured, although this impact ultimately proved fleeti

Weekly roundup: US dollar dented by dip in ...

USD exchange rates moved in line with US Treasury yields for much of last week, and weakened even though the US inflation rate jumped to 1.7% on the y

Australian dollar buoyed by rising business ...

Improved Australian business and consumer confidence indexes helped to give the Australian dollar a leg up against its rivals last week.

GBP/USD nosedives as US yields rebound sharply

The US dollar soared at the end of last week as the recent correction in US Treasury yields dissipated.

GBP/EUR firms as ECB to ‘significantly’ ...

The euro slipped on Thursday following the European Central Bank's (ECB) pledge to accelerate the pace of its bond-buying programme.

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