The dollar index (DXY) holds near its strongest levels in six weeks, trading around 104 on Monday. This follows stronger-than-expected economic data from the US, plus hawkish remarks from Fed officials.
Read more
›
The euro moved further away from its nine-month high against the US dollar touched on February 2nd, as market-watchers looked to the dollar for safe-haven buying.
Read more
›
Pound sterling touched its weakest level since January 5th, as investors rushed to the greenback amid renewed bets of the Federal Reserve remaining hawkish with its monetary policy tightening.
Read more
›
Sterling begins the day weaker than the euro and US dollar, by approximately 0.25% and 0.06%, compared to this time last week.
Read more
›
The US dollar strengthened across the board yesterday, while stocks fell. It followed warnings from policymakers that strong rate rises will continue, potentially with a 50 basis point rise at the next FOMC meeting rather than the predicted…
Read more
›
The single currency strengthened against most currencies yesterday, apart from the US dollar, where February’s disappointing performance has continued.
Read more
›
Sterling has had a difficult two days, falling by close to 3% from its peak on Tuesday against the US dollar and close to 1.5% against the euro. The reason has been the better inflation figures, which have…
Read more
›
After a lively week for sterling versus both the euro and US dollar, the pound ends the week roughly 1% down on both compared to Monday morning. However, that was after strengthening in the early part of the…
Read more
›
