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Foreign Exchange Analysis Headlines

Hawkish Fed chair talk props up dollar

The dollar held earlier gains and settled at a one-week high against a basket of major currencies on Tuesday, after a report that U.S. President Donald Trump was leaning towards picking a hawk as the next head of the Federal Reserve.

Sterling steadies as Brexit worries offset BoE expectations

The pound steadied on Monday, falling back from a four-week high against the euro as bets that upbeat data this week would put the Bank of England on track for a rate rise by year-end were offset by concerns over Britain's exit from the European Union.

Pound hits 11-day high in Brexit rollercoaster ride

Britain's pound hit an 11-day high in a volatile day of trading on Friday and was heading for its best week in four, benefiting from a weaker dollar as well as signs that Britain is to be offered a two-year Brexit transition deal.

Dollar steadies ahead of Friday's U.S. inflation data

The dollar was poised to narrowly ward off a fifth straight day of losses against a basket of currencies on Thursday, as investors looked ahead to inflation data on Friday that may provide more clues on the next U.S. interest rate hike.