More currency volatility seems to be on horizon

A key development in currency markets in 2017 was the strengthening of the euro and weakening of the dollar, writes Oliver Mangan

The euro made impressive gains against the dollar, climbing from $1.04 to $1.20. This trend has continued in the early part of 2018, with the Euro-Dollar rate climbing to a three-year high above the $1.22 level.

It is important to remember that the dollar lost ground against a broad range of currencies last year and not just the euro.