The British Pound was steady against the dollar on Monday, trading in close proximity to a 10-month high hit earlier this month.

The South African rand weakened on Friday, as rising expectations that the U.S. Federal Reserve will raise interest rates by 25 basis points in May lent support to the dollar.

The South African rand was weaker in early trade on Friday, as rising expectations that the U.S. Federal Reserve will raise interest rates by 25 basis points (bps) in May.

The US dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against the greenback.

The US Dollar steadied on Wednesday after it seesawed with bond market volatility as investors scrutinised U.S. economic indicators.

The US Dollar paused on Monday after a sharp rise overnight as strong U.S. economic data reinforced FED interest rate hike expectations.

The dollar bounced back from a one-year low on Monday as resilience in core U.S. retail sales, a rise in short-term inflation expectations.

South Africa’s rand jumped on Thursday as the dollar fell after U.S. data showed producer prices dropped last month, fueling expectations that rate hike is nearing it’s end.

South African rand bolstered modestly against the dollar on Wednesday as the dollar fell globally and Asian stocks struggled due to tech and property selling in Hong Kong.

The South African rand gained against the dollar on Tuesday as the U.S. currency fell ahead of inflation data providing clues on the FED’s trajectory.

South African rand and stocks fell on Wednesday after U.S. data showed a decline in job openings, the lowest in about two years.

The U.S. dollar was stuck near two-month lows on Wednesday as weak economic data bolstered views that the Federal Reserve is near the end of its tightening cycle.

Sterling ticked higher against the dollar on Monday, with market moves largely driven by news of a surprise announcement from OPEC+ which will affect production cuts and oil prices.

The South African rand held steady against the dollar early on Friday, trading at its strongest level in more than a month after the rate hike forecast.

The pound held steady on Thursday, and was heading for its biggest monthly gain versus the dollar since November.

The South African rand and stocks rose on Wednesday, as regulations to mitigate the U.S. banking crisis boosted global confidence.

South Africa’s rand strengthened against the dollar in early trade on Tuesday as global banking fears ease.

Sterling edged higher on Monday, with investors’ appetite for risky assets returning as they awaited a speech from Bank of England governor Andrew Bailey.

The dollar was firm on Monday, while the yen hovered near its seven-week peak as regulators rein in worries over global banking system.

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.