Vassilis Karamanis

The pound is coming under pressure as investors brace for potential tax rises and spending cuts in the upcoming UK budget that may exacerbate the economic slowdown.

A Bloomberg gauge of the dollar closed out its worst week in more than two months as expectations of Federal Reserve interest-rate cuts coupled with emerging credit risks in the US banking sector weighed on the greenback.

Sentiment toward the euro soured sharply this week as turbulent French politics prompted options traders to take the most bearish stance on the currency in months.

The dollar briefly climbed to its strongest level in two months as political risks abroad took center stage amid a lack of US data.

The dollar had its strongest week since early August while investors gird for the next flurry of key macroeconomic data — provided readouts aren’t hampered by a US government shutdown.

Pound options suggest traders are growing increasingly concerned about the UK’s autumn budget, with November emerging as a focal point for bets against the currency.

The euro hit its strongest level in four years as traders prepared for an interest-rate cut from the Federal Reserve this week that will cement its diverging trajectory from the European Central Bank.

The dollar capped its deepest weekly drop in more than a month ahead of a Federal Reserve meeting that’s expected to launch a series of interest-rate cuts.

The dollar strengthened the most in a month as investors reached for safe havens amid a broad pullback in global stock and bond markets.

FX markets see unusual calm this August, with volatility sliding despite historical patterns.

The Swiss franc is carrying its biggest bearish premium in over two years as options traders contend with steep US tariffs, borrowing costs at zero and the lingering threat of central bank intervention.

The pound headed for its longest slide in a decade as traders looked ahead to key labor market data that could bolster the case for interest-rate cuts.

Options traders are turning against the pound as the UK currency heads for its longest losing streak against the dollar in two years.

The pound headed for a sixth straight drop, its worst streak this year, with a downturn in the UK’s economic growth leading traders to bet on further losses.

The euro notched its longest winning streak against the dollar in more than two decades — and options traders are betting the rally isn’t over yet.

The euro is set for its longest stretch of monthly gains in eight years, boosted by rising confidence in Europe’s economic prospects and a hunt for alternatives to the slumping dollar.

The euro’s latest rally is approaching a pivotal level that could either stall its momentum or unlock the next leg toward $1.20, a target strategists and traders have circled for months.

The euro is taking on a bigger role in the global currency options market as traders skirt around the dollar given the risks from unpredictable US policy and a global trade war.

The dollar fell to the weakest level in three years amid worries over US tariffs and the outlook for the US economy.

Traders ramped up bets on interest-rate cuts from the Bank of England to fully price two more quarter-point reductions this year, after data showed a sharp deterioration in the labor market.