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EUR/USD slumps below parity amid European energy crisis

The euro came under selling pressure on Monday, leading the single currency to strike parity with the US dollar for the second time in a little over a

Weekly Roundup: Australian dollar falls as ...

The Australian dollar initially firmed last week after the Reserve Bank of Australia’s (RBA) latest meeting minutes hinted at further rate rises.

Weekly Roundup: US dollar soars on Fed rate ...

The safe-haven US dollar caught some bids early last week as worries about China’s slowing economic recovery triggered widespread risk aversion. Howev

Weekly Roundup: Euro hurt by surging gas ...

The euro was muted at the start of last week’s trade as concerns over falling water levels in the Rhine – a key trade artery for Europe – added to EUR

Weekly Roundup: Pound undermined by economic ...

The pound found some success early last week as markets began pricing in another half-point rate hike from the Bank of England (BoE) at its next inter

GBP/USD retreats to two-year low amid ...

The US dollar rallied on Friday, the safe-haven currency being underpinned by global recession fears and hawkish Federal Reserve rate hike expectation

Drought disrupts shipping on the Rhine river

Amid one of the worst droughts in European history, water levels on the Rhine – a crucial trade artery for Europe – are dropping dangerously low.

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