Stories tagged “Euro.”
11 stories
Pound dips as dollar bulls rebuild after CPI
Sterling traded lower on Thursday as UK GDP growth slowed in the second quarter, while the euro edged higher, as the dollar found broad support from position rebuilding after this week’s in-line US inflation data failed to shift the Federal Reserve rate outlook.
Sterling today: Pound slips as dollar steadies ahead of U.S. payrolls
Sterling traded marginally lower on Thursday while the euro fell, as investors adopted a cautious wait-and-see stance ahead of Friday’s US non-farm payrolls report, with hawkish Federal Reserve commentary underpinning the greenback.
Sterling Today: Pound Holds Above $1.34 as Dollar Stays Firm on Fed Hike Risk
The British pound held steady above $1.34 against the US dollar on Wednesday, while the euro edged higher. The dollar's resilience, attributed to lingering Federal Reserve rate hike expectations, capped gains for both currencies despite improved market risk appetite.
Sterling today: Pound flat as traders await Fed rate decision
Sterling traded little changed on Wednesday while the euro slipped slightly, as investors held back from major dollar bets ahead of today’s Federal Reserve rate decision.
Sterling today: Pound slips against strong dollar as Fed tightening bets hold firm
Sterling traded lower on Friday while the euro also dipped, as hawkish Federal Reserve commentary anchored the dollar and short-term implied volatility touched its lowest level since 2021.
Sterling today: Pound slips as US-Iran escalation drives oil, dollar
Sterling traded lower on Monday while the euro held fractional gains, as surging energy prices linked to renewed U.S. strikes on Iran and fears over Strait of Hormuz shipping kept the dollar broadly bid against low-yielding currencies.
EU lawmakers give digital euro the green light, but rollout still years away
EU lawmakers on Thursday backed kickstarting negotiations on creating a digital version of the euro, as the European Union races to introduce the currency. The digital euro would be an electronic form of central bank money, backed directly by the European Central Bank (EC…
Yield drives currency markets in 2026, Deutsche Bank says
Deutsche Bank's George Saravelos states that yield has been the dominant force in FX markets this year, with risk-adjusted carry being the most important factor behind 2026 currency movements.
Euro to fall to $1.10 by year-end, Capital Economics says
Capital Economics forecasts the euro will decline to $1.10 against the US dollar by the end of 2026, driven by diverging interest rate policies between the Federal Reserve and the European Central Bank.
Natixis says dollar rally has peaked, recommends selling greenback
Natixis CIB currency strategists believe the US dollar's recent rally has peaked. The bank recommends selling the US dollar against three major currencies.
UBS turns more bullish on U.S. dollar, sees euro and yen weakening further
UBS has raised its forecasts for the US dollar against several major currencies. The bank expects the euro to weaken further and the Japanese yen to slide.