It was another bearish week for the US dollar, with Wednesday’s FOMC meeting minutes weighing, while upbeat stats drove demand for riskier assets.
On Thursday, the finance minister unveiled a £15bn package to help UK households cope with inflation and surging energy bills.
Rishi Sunak, finance minister announced his plans to help alleviate the strain on household energy bills, which will be funded partly by a windfall tax on energy giants.