The recent rally in the US dollar eased against most major currencies last week, as markets somewhat tempered bets in favour of higher Federal Reserve rates.

Most risk currencies rebounded against the US dollar yesterday, led by the Swedish krona, which jumped by more than 2% after the Riksbank’s latest policy decision.

As China reopens its borders to the world after three years, it is more likely to see a surging trade with other countries. In this guide, we have put together some useful tips to help digital businesses trade smoothly with China.

The ‘big three’ central bank meetings came and went last week, rates were hiked in accordance to market expectations, and the market interpreted communications as generally dovish.

The European Central Bank refused to take its foot off the gas at its policy meeting on Thursday, once again raising rates aggressively and signalling that there is still more to do.

The pound traded a touch weaker against its major counterparts on Thursday afternoon, as the Bank of England hinted that its rate hike cycle may soon be nearing an end.

In line with our expectations, Fed chair Jerome Powell delivered a dovish shift in his communications following Wednesday’s FOMC meeting.

Recent hawkish noises from Governing Council members suggest that the European Central Bank will once again deliver another large rate hike on Thursday, as it attempts to bring down still sky-high Euro Area inflation.

The Federal Reserve is widely expected to slow the pace of its interest rate hike cycle on Wednesday, but the key question is whether it will hint that a pause may be on the way following its subsequent meeting in March.