Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US Dollar Downturn Continues on PPI Miss Daily Update
August 12 2022US Dollar (USD) Slips as Monthly PPI Falls The US Dollar (USD) declined yesterday amid fresh evidence that inflation is cooling in America The US … read more
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US Dollar Plummets after American Inflation Falls Daily Update
August 11 2022US Dollar (USD) Nosedives amid Cooling US Inflation The US Dollar (USD) plunged across the board yesterday after US inflation dropped from 91% to … read more
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US Dollar Softens as Markets Brace for American Inflation Data Daily Update
August 10 2022US Dollar (USD) Slips ahead of US Inflation The US Dollar (USD) wavered lower during yesterday’s session as a mixed market mood left the … read more
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Riskier Currencies Rise as Market Mood Recovers Daily Update
August 9 2022Pound (GBP) Licks Wounds following Last Week’s Sell-Off The Pound (GBP) had mixed success yesterday, slipping against its riskier peers but rising … read more
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US Dollar Skyrockets as Jobs Data Smashes Forecasts Daily Update
August 8 2022US Dollar (USD) Soars on Strong Employment Data The US Dollar (USD) surged higher at the end of last week following strong jobs data July’s … read more
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Pound Slumps as BoE Predicts UK Recession Daily Update
August 5 2022Pound (GBP) Plunges as UK Set for Recession After rising in the morning, the Pound (GBP) slumped yesterday afternoon following the Bank of … read more
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US Dollar Surges Higher following Strong Services PMI Daily Update
August 4 2022Pound (GBP) Stumbles amid Economic Warnings The Pound (GBP) fluctuated lower yesterday as UK economic worries offset expectations of a 50-bp rate … read more
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US Dollar Rallies as China Tensions Rattle Markets Daily Update
August 3 2022Pound (GBP) Muted in Absence of Data The Pound (GBP) was mixed yesterday as a lack of UK economic data and hesitancy ahead of the Bank of England … read more
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Pound Climbs on Expectations of a 0.5% BoE Rate Rise Daily Update
August 2 2022Pound (GBP) Firms as Traders Expect 50-bp Rate Rise The Pound (GBP) strengthened against many of its peers yesterday as Bank of England (BoE) rate … read more
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US Dollar Rallies on Stronger-than-Expected PCE Price Index Daily Update
August 1 2022Pound (GBP) Dented by Rising Consumer Credit The Pound (GBP) weakened on Friday as the latest Bank of England (BoE) consumer credit report revealed … read more