The US dollar strengthened against the euro and other major currencies as soaring oil prices from the Iran war increased fears of a global recession, forcing markets to reassess growth and inflation ...
The US Dollar (USD) softened as global risk appetite improved following reports that a coalition of nations may intervene to protect shipping routes through the Strait of Hormuz. The United States is ...
The Pound (GBP) traded with a softer tone at the start of the week as investors adopted a cautious stance ahead of the Bank of England’s upcoming policy decision. Sterling slipped against several ...
At the same time, the easing of energy price pressures helped alleviate concerns that surging oil and gas costs could severely damage the Eurozone economy. However, gains in the Euro remained limited ...
Hawkish remarks from Reserve Bank of Australia Deputy Governor Andrew Hauser also reinforced the view that inflation could remain above target for longer. Hauser warned that rising energy costs could ...
The European Central Bank will also deliver its latest policy decision later in the week. While Eurozone inflation remains relatively subdued, any indication that the ECB may adopt a more cautious ...
Any escalation or signs of de-escalation in the conflict could trigger shifts in risk appetite and influence the Pound to New Zealand Dollar exchange rate. Economic data may also drive movement later ...
The Pound to Canadian Dollar exchange rate traded in a volatile range last week as sharp swings in global oil prices drove movement in the commodity-linked ‘Loonie’. The Canadian Dollar (CAD) ...
Oil prices briefly surged above $100 per barrel after attacks on energy infrastructure and shipping routes in the Gulf intensified fears of prolonged supply disruption. The resulting risk-off mood ...
The Euro to Dollar exchange rate extended its March slide and finished the week in the mid-1.14s, leaving the pair close to the month’s lows. Price action remained dominated by ...
The Pound -to-Euro (GBP/EUR) exchange rate has edged lower into the mid-1.15s, leaving the cross on course for a second straight weekly drop after a softer run of UK growth signals and a firmer euro ...
Read all our latest exchange rate forecasts with live FX news updates as they happen!