Daily Update

Daily updates on how key currencies are performing in the currency markets.

• US Dollar Strength Persists amid Anxious Market Mood Daily Update

  June 14 2022

  US Dollar (USD) Gains as Sentiment Sours The US Dollar (USD) strengthened yesterday as risk aversion gripped markets amid growth concerns, inflation … read more

• US Dollar Soars as CPI Hits Fresh 40-Year High Daily Update

  June 13 2022

  Pound (GBP) Falls amid Economic and Brexit Concerns The Pound (GBP) fell sharply on Friday as UK economic fears weighed on GBP In addition, news … read more

• ECB Decision Sees Euro Slump while Pound and US Dollar Soar Daily Update

  June 10 2022

  Pound (GBP) Soars despite Economic Concerns The Pound (GBP) surged higher yesterday, without a clear catalyst for the movement The strength came … read more

• Euro Soars as GDP Growth Revised Higher Daily Update

  June 9 2022

  Euro (EUR) Roars Higher on GDP Growth The Euro (EUR) surged higher yesterday after a steep upward revision to the Eurozone’s latest GDP growth … read more

• Pound Bounces Back as Johnson Wins Confidence Vote Daily Update

  June 8 2022

  Pound (GBP) Recovers after No Confidence Vote After slumping just before the European session began, the Pound (GBP) managed to regain its … read more

• Pound Ticks Higher ahead of No Confidence Vote Daily Update

  June 7 2022

  Pound (GBP) Firms as Investors Hope for Political Certainty The Pound (GBP) rose yesterday following the news that Boris Johnson would face a no … read more

• Pound Stumbles amid UK Economic Concerns Daily Update

  June 6 2022

  Pound (GBP) Slides as UK Economic Outlook Darkens Again The Pound (GBP) faced heavy selling pressure last Wednesday as GBP investors worried about … read more

• Euro Stumbles despite Hot Inflation Rate Reading Daily Update

  June 1 2022

  Pound (GBP) Softens amid Worrying Lending Data The Pound (GBP) fluctuated yesterday, heading lower against its stronger peers, after some concerning … read more

• Euro Trends Higher as Inflation Readings Beat Forecasts Daily Update

  May 31 2022

  Pound (GBP) Softens amid Warnings for British Firms The Pound (GBP) edged lower against the majority of its peers yesterday amid warnings that … read more

• Pound and US Dollar Waver at Week’s End Daily Update

  May 30 2022

  Pound (GBP) Seesaws as Markets Mull Support Package The Pound (GBP) initially slipped on Friday but managed to recover some losses against its … read more