Daily Update
Daily updates on how key currencies are performing in the currency markets.
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EUR/USD Exchange Rate Continues to Flirt with Parity Daily Update
July 12 2022Pound (GBP) Subdued amid Political Uncertainty The Pound (GBP) traded without any strong directional bias yesterday, GBP investors being unnerved … read more
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EUR/USD Exchange Rate to Reach Parity amid Strong US Dollar Demand? Daily Update
July 11 2022Pound (GBP) Wavers as Post-Resignation Rally Fizzles Out The Pound (GBP) experienced some volatility on Friday, slipping against its stronger peers, … read more
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Pound Rises as Boris Johnson Resigns Daily Update
July 8 2022Pound (GBP) Firms following Boris Johnson’s Resignation The Pound (GBP) strengthened yesterday as Prime Minister Boris Johnson resigned as leader … read more
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Pound Volatile as Boris Johnson Fights for Survival Daily Update
July 7 2022Pound (GBP) Fluctuates as PM’s Future Uncertain The Pound (GBP) experienced some volatility yesterday amid a political crisis in the UK Following … read more
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Euro Hits 20-Year Low against US Dollar amid Recession Fears Daily Update
July 6 2022Euro (EUR) Declines as Recession Risks Grow The Euro (EUR) slumped yesterday, hitting a 20-year low against the US Dollar (USD) as fears of a … read more
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Pound, Euro and US Dollar Waver amid Mixed Market Mood Daily Update
July 5 2022Pound (GBP) Ticks Higher amid Risk-Positive Trade The Pound (GBP) firmed against many of its peers yesterday as an upbeat mood supported the … read more
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Pound Sterling Slumps as UK Concerns Pile Up Daily Update
July 4 2022Pound (GBP) Slides as Economic Headwinds Continue The Pound (GBP) plunged on Friday, falling to multi-week lows against some of its peers, as the … read more
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Euro Rebounds as ECB Addresses Eurozone Fragmentation Fears Daily Update
July 1 2022Pound (GBP) Wobbles as Business Investment Declines The Pound (GBP) initially dipped yesterday as a downward revision to the UK’s final business … read more
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Pound Slides, Euro Stumbles and US Dollar Jumps amid Central Bank Policy Panel Daily Update
June 30 2022Pound (GBP) Declines on Dovish BoE Comments The Pound (GBP) slid during yesterday’s session as investors remain worried about the UK’s economic … read more
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Pound Slips after MPs Pass NI Protocol Bill Daily Update
June 29 2022Pound (GBP) Falters following NI Protocol Bill Vote The Pound (GBP) fell against the majority of its peers yesterday as GBP investors worried about … read more