Daily Update
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Pound Strengthens as Markets Hope for Milder UK Recession Daily Update
November 25 2022Pound (GBP) Gains Ground amid Brighter UK Outlook The Pound (GBP) strengthened yesterday amid hopes of a milder UK recession following recent … read more
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US Dollar Nosedives following Dire PMIs and Fed Meeting Minutes Daily Update
November 24 2022US Dollar (USD) Tanks as Markets Readjust Interest Rate Expectations The US Dollar (USD) plummeted yesterday, declining by over 1% against many of … read more
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US Dollar Declines as Market Mood Improves Daily Update
November 23 2022US Dollar (USD) Falters as Risk Appetite Returns The US Dollar (USD) declined yesterday as a bullish impulse in markets saw traders shun the … read more
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US Dollar Climbs amid Widespread Risk Aversion Daily Update
November 22 2022US Dollar (USD) Firms as Caution Sweeps Markets The US Dollar (USD) marched higher yesterday as a gloomy market mood boosted the safe-haven … read more
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Pound Firms as UK Retail Sales Outpace Expectations Daily Update
November 21 2022Pound (GBP) Strengthens on Stronger Retail Sales Figures The Pound (GBP) closed last week’s session on a positive note following the publication … read more
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Pound Rocked by Release of UK’s Autumn Statement Daily Update
November 18 2022Pound (GBP) Sentiment Dented by Chancellor’s Statement The Pound (GBP) slumped in Thursday’s European session, as Chancellor Jeremy Hunt’s … read more
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Pound Volatile as UK Inflation Surges to 40-Year High Daily Update
November 17 2022Pound (GBP) Hit by Higher-Than-Expected Inflation The Pound (GBP) weakened against several peers in midweek trade New data revealed that UK … read more
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US Dollar Rocked by Weak PPI and Missile Strike on Poland Daily Update
November 16 2022US Dollar (USD) Declines as Markets Continue to Trim Fed Expectations The US Dollar (USD) softened during yesterday’s session The latest US PPI … read more
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Pound Falls as Storm Clouds Gather over UK Economy Daily Update
November 15 2022Pound (GBP) Slips amid Warning Signs in Retail Sector Despite an initial uptick, the Pound (GBP) weakened overall yesterday The downside came as … read more
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US Dollar Ends Week on a Low amid Upbeat Market Mood Daily Update
November 14 2022US Dollar (USD) Extends Downside amid Cheery Trade The US Dollar (USD) continued its post-inflation fall on Friday as markets continued to pare back … read more