Daily Update
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US Dollar Stumbles amid Shock Drop in Consumer Confidence Daily Update
March 20 2023US Dollar (USD) Slips amid Falling Consumer Morale The safe-haven US Dollar (USD) initially rose at the start of Friday’s European session amid a … read more
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Euro Wavers as ECB Turns Dovish Daily Update
March 17 2023Euro (EUR) Wavers as ECB Indicates Data Driven Forward Guidance The Euro (EUR) wavered yesterday, as the European Central Bank (ECB) delivered … read more
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Euro Plummets amid Bank Stock Selloff Ahead of ECB Daily Update
March 16 2023Euro (EUR) Nosedives Following Credit Suisse Selloff The Euro (EUR) plunged during yesterday’s session as the Credit Suisse selloff reverberated … read more
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Pound Undermined by Slowing Wage Growth Daily Update
March 15 2023Pound (GBP) Stumbles as UK Wage Growth Cools The Pound (GBP) saw little support on Tuesday, following signs that wage growth had begun to cool … read more
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US Dollar Slumps as SVB Collapse Hits Fed Rate Hike Bets Daily Update
March 14 2023US Dollar (USD) Stumbles as Fed Could Rethink Rate Hike The US Dollar (USD) fluctuated lower yesterday as markets continued to scale back Federal … read more
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Pound Sterling Consolidates Recovery as UK GDP Beats Forecasts Daily Update
March 13 2023Pound (GBP) Soars following January GDP Rebound At the end of a dramatic week, the Pound (GBP) extended its recovery thanks to better-than-expected … read more
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Markets Brace for Non-Farm Payrolls Report Daily Update
March 10 2023US Dollar (USD) Stumbles as Jobless Claims Jump The US Dollar continued to trim its post-Powell gains during yesterday’s trade, as the tailwinds … read more
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US Dollar Holds Near Multi-Month Highs Daily Update
March 9 2023US Dollar (USD) Trims Gains but Holds Strong The US Dollar (USD) softened yesterday, despite stronger-than-forecast US employment data, as the … read more
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US Dollar Soars as Fed Opens the Door to Faster Rate Hikes Daily Update
March 8 2023US Dollar (USD) Skyrockets on Hawkish Fed Comments The US Dollar (USD) surged yesterday after Federal Reserve Chair Jerome Powell delivered a more … read more
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Euro Rallies as ECB Policymakers Signal More Rate Hikes Daily Update
March 7 2023Euro (EUR) Climbs on ECB Rate Rise Bets The Euro (EUR) strengthened yesterday, shrugging off some underwhelming Eurozone data Retail sales in the … read more