Topic: Currency News
-
Buck slips after underwhelming data
The euro continues to hold the upper hand, while sterling reaches an 8-week peak and the Canadian dollar ascends to 1-month highs; however, the dollar falls in response to underwhelming data.
-
Data back in focus as banking fears fade
Hawk watching in Europe has intensified as strong UK data releases continue to buoy rate hike bets, with even secondary data now capable of becoming market-moving.
-
Steady dollar reflects high uncertainty, low conviction
The euro steadied at the top of its range against the dollar, while sterling flirts with 8-week peaks and the Canadian dollar rolls to 3-week highs.
-
Risk appetite and rate expectations drive markets
The rebound in market sentiment runs the risk of being spoiled by volatility, while the pound strengthens alongside increasing risk appetite; in contrast, the euro gains support from a more stable and calmer market environment.
-
Dollar subdued as banking crisis abates
The Euro is trending towards a six-week high, while the British pound has been strengthened by the Bank of England’s firm stance on inflation. USD/CAD flirts with a multiweek low.
-
Deutsche Bank survival spurs risk on
Despite the protests, business outlook remains stable as fears surrounding the banking sector ease, resulting in a decline in the demand for safe-haven assets; meanwhile, the pound is keeping a close watch on its March high.
Get the latest currency and FX news
Subscribe to receive monthly insights, daily reports, and more — empowering you to navigate global commerce and FX strategy.