The Sterling rose to a seven-week high against the dollar on Thursday ahead of a Bank of England meeting, with the central bank expected to hike interest rates.

The dollar was under pressure near seven-week lows on Thursday after the U.S. Federal Reserve sounded close to calling time on interest rate hikes.

The dollar muted near five-week lows on Wednesday ahead of the conclusion of the U.S. Federal Reserve’s policy meeting

Sterling kicked off BoE week on Monday ahead of a key Bank of England (BoE) rate decision and inflation data due this week.

Sterling rose against the dollar on Friday, after a series of lifelines for struggling banks helped restore some investor confidence.

The dollar slipped on Friday as risk sentiment improved after authorities and banks moved to ease stress on the financial system.

South African rand plummeted along with shares on Wednesday as the U.S. banking crisis spread havoc globally.

The dollar found support in Asia on Wednesday as investors dialled back expectations of U.S. rate cuts as fear of a banking crisis ebbed.

The Sterling rose against a weakening dollar on Monday after the sudden collapse of U.S. tech-focused lender Silicon Valley Bank (SVB).

Dollar fell sharply on Monday on expectations the Federal Reserve will take a less aggressive monetary path as authorities stepped in to limit Silicon Valley Bank collapse fallout.

Sterling ticked higher against a softer dollar and euro on Thursday, although traders were still focused on the global backdrop.

The dollar was perched near a three-month high on Thursday as Federal Reserve Chair Jerome Powell’s message that interest rates would have to go higher.

The dollar scaled 3-month highs against major currencies on Wednesday after Federal Reserve Chair Jerome Powell warned about U.S. interest rate hikes.

The U.S. dollar was tentative on Tuesday ahead of testimony by U.S. Federal Reserve chair Jerome Powell, while the Aussie slid.

The U.S. dollar was broadly lower on Monday as investors awaited testimony from Federal Reserve Chair Jerome Powell.

Asian shares rose on Friday after Wall Street reversed losses on signals of a measured policy tightening approach from the U.S. Federal Reserve.

Sterling rose marginally against a weaker dollar on Wednesday, trimming gains made earlier in the session after Bank of England Governor Andrew Bailey.

The pound edged up on Tuesday, drawing some strength from Britain’s agreement with the European Union on post-Brexit trade.

The dollar fell from a seven-week high on Monday, tracking a slide in U.S. Treasury yields, as investors consolidated gains.

SA authorises roll out COVID-19 boosters for people aged 50 years and older who are eligible for five vaccine doses.

Sterling eased against the dollar and the euro on Thursday, shaking off hawkish remarks by a Bank of England policymaker.

Sterling retreated on Wednesday, after surging on the back of stronger-than expected British business activity

The South African rand slipped on Tuesday to its lowest level this year, with investors awaiting the finance minister’s budget speech due on Wednesday

Sterling fell slightly against the dollar on Monday and was flat against the euro, in a quiet session ahead of flash composite PMIs due on Tuesday.

The dollar on the front foot on Monday, supported by a strong run of economic data out of the United States.