The Federal Reserve's minutes did not rescue the dollar, which continues to fall against safe-haven currencies. Meanwhile, the rouble tumbled after an emergency rate cut.
The fire truck with screaming sirens attempting to extinguish the fire of inflation risks slowing down to prevent more damage. Bad news to come for the US dollar?
The euro rises as ECB's Lagarde pledges rate hikes, but the pound takes a knock after disappointing UK Services PMI data
The Australian dollar rose following the election of a climate-focused government, while the US dollar retraced due to the euro's rebound.
The euro sees some buying on dips as Europe’s central bank warns currency weakness could threaten price stability
As a fresh gas crisis erupted across Europe, the euro fell to a new seven-year low of 1.355 before rising to 1.04.
Yen gains momentum as growth-sensitive currencies fall over recession concerns
USD paused as Treasury yields fell and investors began to anticipate peak inflation and a slowdown in growth
As inflation soars to 70%, Turkish lira is again under pressure, topping 15 per US dollar
The US dollar rises to its highest level in two decades, as Fed hikes and market risk-off fuel the greenback's appeal
The British pound (GBP) and New Zealand dollar (NZD) were among the worst performers as risk sentiment deteriorated
What plummeting economic activity in China means for the yuan, Australian dollar and New Zealand dollar
The US dollar fell in a typical ‘buy the rumour, sell the fact’ after the Fed, but plummeting Chinese PMIs sent a blow to the risk sentiment again
The Fed is expected to hike interest rates by 50 basis points at its May 2022 meeting, with more hikes likely to come this year, supporting the greenback rise.