The euro steadied around the $1.09 level on Monday in a potentially big week for European policymakers as they debate the outlines of a recovery fund aimed at helping member nations.
Sterling edged lower against the dollar on Friday as tensions between China and the United States boosted demand for the greenback, but it recovered against the euro.
The pound fell to a two-month low against a broadly strong euro on Friday ahead of a new round of Brexit talks next week, but it recovered a little against a weaker dollar.
The dollar edged lower against the euro on Friday, hurt by month-end flows and as the common currency continued to enjoy a boost from the European Union's recently announced plan to prop up the bloc's coronavirus-hit economies with a 750 billion-euro (673 billion pounds)...
The dollar was hemmed into a narrow trading range on Friday as traders' focus shifted to U.S. President Donald Trump's response to China's passage of a national security law for Hong Kong.
The dollar rose against a basket of currencies on Friday, helped by safe-haven demand as a move by Beijing to impose a new security law on Hong Kong further strained fast-deteriorating U.S.-China ties.
The dollar edged higher against a basket of peers on Thursday as investors weighed the impact of the global economic lockdown, and the euro's four-day rally against the U.S. currency on optimism about a closer fiscal union in Europe ran out of steam.
Sterling edged lower on Thursday against both the U.S. dollar and the euro as a combination of weak business activity data and the risk of sub-zero interest rates weighed on the pound.
The U.S. dollar fell to a more than two-week low against the euro as the common currency enjoyed a boost from the recently announced proposal for a common fund that could move Europe closer to a fiscal union as it tries to counter the economic hit from the coronavirus pandemic...
Sterling edged up against the U.S. dollar but fell versus the euro on Wednesday as clouds lingered over the pound after UK inflation fell below 1% to its lowest in nearly four years.
The U.S. dollar fell against the euro on Tuesday as the common currency added to Monday's gains on a Franco-German proposal for a fund that would offer grants to European Union regions and sectors hit hardest by the coronavirus pandemic.
The pound was up 0.5% against the dollar on Tuesday, holding on to gains from overnight trading, and rose versus the euro - a small recovery relative to its recent seven-week lows.
The cost of betting on euro downside against the dollar in currency derivatives markets fell on Tuesday to the lowest since mid-March, after a Franco-German proposal for a recovery fund and joint debt boosted the single currency.
The euro jumped on Monday against the dollar and Swiss franc after Germany and France issued a call for a 500 billion-euro ($545.65 billion) recovery fund for Europe and proposed to allow the European Commission to borrow money on markets to finance the fund.
Sterling climbed off eight-week lows against the dollar and the euro on Monday, as broad dollar weakness helped the currency shrug off talk of negative interest rates from the Bank of England and a stalemate in Brexit negotiations.
The U.S. dollar rose on Friday to notch a 0.66% weekly gain as the threat of a second wave of coronavirus infections rattled investors as did a slew of bleak U.S. economic data.
Sterling weakened on Friday, hitting its lowest for more than a month, after Britain and the European Union exchanged threats over a post-Brexit trade deal.
The dollar rose to a three-week high on Thursday as traders overlooked another week of roughly 3 million new jobless claims, evidence of a second wave of coronavirus-related lay-offs.
Sterling touched a low of $1.2166 on Thursday, extending its losses after it slipped below the key $1.22 level for the first time in more than five weeks, held down by a combination of coronavirus-induced economic woes and Brexit risks.
The U.S. dollar edged higher against a basket of currencies on Wednesday, after Federal Reserve Chair Jerome Powell rejected the idea of using negative interest rates as a stimulative tool, even as he sounded a gloomy note about economic growth.
A stronger U.S. dollar sent the British pound to its lowest in weeks on Wednesday after Federal Reserve Chair Jerome Powell delivered remarks in which he said an "extended period" of weak growth may be in store for the United States.
The dollar fell on Tuesday as the mood turned cautious a day ahead of Federal Reserve Chairman Jerome Powell's speech on economic issues and as investors weighed the chances of negative U.S. interest rates.
Sterling extended Monday's losses on Tuesday, hitting a 20-day low versus the euro, as continued confusion over government plans to ease lockdown measures, the worst COVID-19 death toll in Europe and revived Brexit risks all weighed on the pound.
The dollar, which typically functions as a safe-haven investment, rose on Monday even as investors added risk to their portfolios, buying U.S. stocks and selling Treasury bonds.