Currency Updates

US Dollar slips after Fed, Bank of England to hold rates steady today


he Federal Reserve voted anonymously on Wednesday to raise interest rates for the first timer in 2018. The Bank of England to meet today at 12:00 UK time.

Written by

Matthew Ryan


With an expected 25 basis point hike this evening the US Dollar will instead be driven mostly by the release of the Fed’s updated ‘dot plot’.
Matthew Ryan 21 Mar 2018

Britain and the European Union had agreed a transitional Brexit period that would last from 29th March 2019 to December 2020.
Matthew Ryan 20 Mar 2018

Ebury, one of the fastest growing fintechs for corporate global transaction services is now live with its real-time service on UK Faster Payments.
Lucie Pankova 20 Mar 2018

The key March meeting of the Federal Reserve looms just ahead. Policymakers in the US are almost certain to raise interest rates on Wednesday.
Enrique Díaz-Álvarez 19 Mar 2018

The Federal Reserve is overwhelmingly expected to increase the interest rates again in the United States next Wednesday, and up to four times in 2018.
Matthew Ryan 16 Mar 2018

Mario Draghi continued to suggest during his speech yesterday that an interest rate increase in the Eurozone remains some way off.
Matthew Ryan 15 Mar 2018

The US Dollar sank 0.7% against its peers, with another departure from the Trump administration and the release of the latest inflation data.
Matthew Ryan 14 Mar 2018

Foreign exchange traders were in a fairly cautious mood on Monday as they awaited a potentially crucial inflation release in the US this afternoon.
Matthew Ryan 13 Mar 2018

World politics stole the spotlight from last week’s European Central Bank meeting and the Federal Reserve's nonfarm payrolls report.
Enrique Díaz-Álvarez 12 Mar 2018

The Euro was the worst performing currency yesterday after President of the ECB Mario Draghi delivered a dovish assessment of the Eurozone economy.
Matthew Ryan 9 Mar 2018

IWD has been celebrated each year on the 8th of March since 1917, although there are documented events relating to women's rights on this date since 1909.
Jessica Ford 8 Mar 2018

Currency markets traded within a fairly narrow range on Wednesday with investors in a cautious mood ahead of this afternoon’s March meeting of the ECB.
Matthew Ryan 8 Mar 2018

The Euro and Sterling both jumped by over half a percent against the US Dollar on Tuesday after news of talks between North and South Korea led to...
Matthew Ryan 7 Mar 2018

Result of the weekend’s Italian election capped Euro gains, causing investors to fret about the rise in Euroscepticism in Europe.
Matthew Ryan 6 Mar 2018

An impromptu Trump's announcement that he intended to impose a 25% tariff on steel imports and a 10% tariff on aluminium capped USD gains last week.
Enrique Díaz-Álvarez 5 Mar 2018