Daily Update
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Pound Mixed as UK Inflation Hits Double Digits Daily Update
August 18 2022Pound (GBP) Undermined as Income Crunch Intensifies The Pound (GBP) initially rose yesterday after hotter-than-expected UK inflation increased the … read more
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Pound Wavers Higher following Mixed Employment Report Daily Update
August 17 2022Pound (GBP) Firms amid BoE Rate Hike Bets The Pound (GBP) strengthened yesterday as the UK’s latest labour market report added to expectations … read more
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US Dollar Strengthens as Sentiment Sours Daily Update
August 16 2022US Dollar (USD) Firms amid Risk-Averse Trade The US Dollar (USD) strengthened through the first part of yesterday’s trade as worries about … read more
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Pound Falters following Contraction in UK GDP Daily Update
August 15 2022Pound (GBP) Weakens as UK Economy Contracts The Pound (GBP) fell on Friday as new data revealed a contraction in the UK economy Month on month, … read more
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US Dollar Downturn Continues on PPI Miss Daily Update
August 12 2022US Dollar (USD) Slips as Monthly PPI Falls The US Dollar (USD) declined yesterday amid fresh evidence that inflation is cooling in America The US … read more
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US Dollar Plummets after American Inflation Falls Daily Update
August 11 2022US Dollar (USD) Nosedives amid Cooling US Inflation The US Dollar (USD) plunged across the board yesterday after US inflation dropped from 91% to … read more
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US Dollar Softens as Markets Brace for American Inflation Data Daily Update
August 10 2022US Dollar (USD) Slips ahead of US Inflation The US Dollar (USD) wavered lower during yesterday’s session as a mixed market mood left the … read more
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Riskier Currencies Rise as Market Mood Recovers Daily Update
August 9 2022Pound (GBP) Licks Wounds following Last Week’s Sell-Off The Pound (GBP) had mixed success yesterday, slipping against its riskier peers but rising … read more
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US Dollar Skyrockets as Jobs Data Smashes Forecasts Daily Update
August 8 2022US Dollar (USD) Soars on Strong Employment Data The US Dollar (USD) surged higher at the end of last week following strong jobs data July’s … read more
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Pound Slumps as BoE Predicts UK Recession Daily Update
August 5 2022Pound (GBP) Plunges as UK Set for Recession After rising in the morning, the Pound (GBP) slumped yesterday afternoon following the Bank of … read more