Risk sentiment returned on Wednesday, boosting commodity-related currencies and sterling
Elevated expectation and positioning, and a rotation in equity markets have kept the dollar abated in 2022
US Treasury yields spike, rescuing the US dollar and pushing high-beta currencies lower; CAD holds firm amid higher oil prices
EUR/GBP price action has been largely driven by growing monetary policy divergences between the Bank of England and the European Central Bank.
Canadian dollar outperforms as Brent prices hits 2018 highs
The Japanese yen outperformed major currencies as BoJ debates a shift from its ultra-loose monetary policy
Inflation hitting 40-year highs stunned the USD; experts believe Fed needs to hike faster
Dollar weakened after the release of US December CPI, while pound and euro strengthened
Growing expectations of BoE hikes and rotation from tech stocks fuel pound optimism
US dollar traded sideways on Wednesday, as markets awaits US CPI data later in the day
Prospects of faster than expected rate rises by the Federal Reserve may weigh on the precious metal, but inflation may proved hard to beat.
The GBP/USD paid broke the psychological 1.36 barrier, while the Norwegian krone outperformed peers on inflation surprise
Bankers say labour market, wage pressures and high consumer prices will force rate rises
US dollar partially recovered Friday's losses, as traders await key US CPI data this week
Tech stocks represented by the Nasdaq 100 Index lost ground in the first week of the year