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Expert market insight and updates to help you navigate the ever changing global currency markets




All posts|Currency Updates

Dollar falls as financial markets continue to rally


he US dollar fell again last week as investors favoured riskier assets. Sterling continued to hold its own amid the UK’s rapid vaccine rollout.

Written by
Enrique Díaz-Álvarez

Thursday’s ECB meeting was largely a non-event for currency markets. Meanwhile, sterling continued to hold its own, with investors encouraged by the UK’s rapid vaccination progress.

Matthew Ryan 22 January 2021

Washington DC

The euro and sterling both rallied against a broadly weaker US dollar on Wednesday ahead of today’s presidential inauguration ceremony.

Matthew Ryan 20 January 2021

Will US Treasury Secretary nominee Janet Yellen talk up the need for greater fiscal stimulus today?

Matthew Ryan 19 January 2021

The dollar managed to rally against most of its major peers last week, aside from sterling that has benefitted from the UK’s rapid vaccination progress. Attention this week now turns to Thursday’s ECB meeting.

Enrique Díaz-Álvarez 18 January 2021

President-elect Biden announced plans for a massive US stimulus programme on Thursday, although the dollar fell after dovish comments from Fed chair Powell.

Matthew Ryan 15 January 2021

The dollar edged higher against its peers as investors await details of President-elect Joe Biden’s long-awaited US fiscal stimulus plans.

Matthew Ryan 14 January 2021

Johnson to try again with election push after MPs vote

Sterling jumped against its major peers on Tuesday as Bank of England governor Bailey talked down the need for negative interest rates in the UK.

Matthew Ryan 13 January 2021

Last week’s chaotic scenes in Washington failed to trigger much reaction in financial markets. Investors are instead focusing on the latest COVID numbers and progress towards mass vaccinations.

Enrique Díaz-Álvarez 11 January 2021

One of the main talking points among the countries of the G3 currencies has been the divergence in new virus caseloads that we’ve witnessed between the US and Europe. Read on to find out what to expect from US dollar, Euro and Sterling this year.

Matthew Ryan 8 January 2021