Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US Dollar Rallies as Risk Appetite Wanes Daily Update
October 2 2023US Dollar (USD) Recovers as Risk Appetite Fades The US Dollar (USD) faced selling pressure at the end of last week, with a risk-on mood and a … read more
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US Dollar Falls from Recent Highs Ahead of Inflation Data Daily Update
September 29 2023US Dollar (USD) Slips Ahead of Inflation Data The US Dollar (USD) weakened yesterday as investors sought to cash in on the currency’s recent … read more
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US Dollar Stays Strong amid Risk Aversion Daily Update
September 28 2023US Dollar (USD) Buoyed by Risk-Off Mood The US Dollar (USD) extended its recent winning streak yesterday as a prevailing risk-off market mood … read more
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US Dollar Touches Fresh Highs amid Risk Aversion Daily Update
September 27 2023US Dollar (USD) Retreats from Ten-Month High The US Dollar (USD) initially gained ground yesterday, with the prevailing risk-off impulse in markets … read more
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US Dollar Strikes Ten-Month High amid Grim Market Mood Daily Update
September 26 2023US Dollar (USD) Soars amid Global Economic Fears The safe-haven US Dollar (USD) climbed to ten-month highs yesterday as risk aversion swept through … read more
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Pound Hits Fresh Lows amid Weakening Services Sector Daily Update
September 25 2023Pound (GBP) Slips Again amid Service Sector Contraction The Pound (GBP) rounded off a bruising week with further losses on Friday, as the UK’s … read more
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Pound Strikes Multi-Month Lows as BoE Keeps Rates Unchanged Daily Update
September 22 2023Pound (GBP) Slumps on Dovish BoE Decision The Pound (GBP) fell to multi-month lows yesterday as the Bank of England (BoE) left interest rates … read more
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Pound Slides after Cooling Inflation Dents BoE Expectations Daily Update
September 21 2023Pound (GBP) Drops as Markets Revise Rate Hike Bets The Pound (GBP) took a tumble yesterday after cooler-than-forecast UK inflation saw markets … read more
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US Dollar Fluctuates as Fed Decision Looms Daily Update
September 20 2023US Dollar (USD) Wavers amid Changing Market Mood The US Dollar (USD) fell yesterday morning as an increase in risk appetite sapped appeal of the … read more
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Major Currencies Waver as Markets Brace for Volatile Week Daily Update
September 19 2023Pound (GBP) Muted Ahead of BoE Decision The Pound (GBP) was subdued yesterday, slipping against its stronger peers, as GBP investors braced for the … read more