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Currency news

Fed rate cut, EU travel restrictions and coronavirus ...

We woke to fresh volatility this week as coronavirus fears and the Federal Reserve’s decision to slash interest rates for a second time in as many wee

Weekly Roundup: Sharp BoE interest rate cut ...

Bank of England (BoE) policymakers surprised investors with a sharp interest rate cut at their March meeting, pushing the pound lower across the board

GBP/USD strikes fresh five-month low amid ...

The US dollar roared higher on Friday as safe-haven flows catapulted the ‘greenback’ to fresh multi-month highs.

US dollar soars as coronavirus panic rocks ...

The US dollar roared higher on Thursday as coronavirus fears triggered another day of chaos and demand for the safe-haven currency exploded.

BoE rate cut and pledge of £30bn coronavirus ...

The pound ticked higher yesterday as markets cheered measures by the Bank of England (BoE) and Treasury to shore up the UK economy against the coronav

BoE announces emergency rate cut, UK Budget ...

In a surprise move, the Bank of England (BoE) announced this morning that it will be implementing an emergency rate cut in order to help protect the e

Currency markets in chaos as oil rout rocks ...

In an extremely volatile start to the week, currency markets were upended on Monday as they were rocked by coronavirus fears and a rout in oil prices.

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