Daily Update

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

• US Dollar Retreats as Fed Pushes Back on 1% Rate Rise Daily Update

  July 18 2022

  Pound (GBP) Slips amid Ongoing Political Instability The Pound (GBP) fell against the majority of its peers on Friday as the political uncertainty … read more

• US Dollar Rises on Possibility of a 1% Fed Rate Rise Daily Update

  July 15 2022

  US Dollar (USD) Climbs on Rate Rise Bets and Risk-Off Mood The US Dollar (USD) strengthened yesterday as Wednesday’s hot inflation rate reading … read more

• US Dollar Jumps as US Inflation Rockets Higher Daily Update

  July 14 2022

  Pound (GBP) Fluctuates Following Upbeat GDP Figures The Pound (GBP) initially got off to a strong start yesterday Rallying on the back of the UK’s … read more

• EUR/USD Exchange Rate Continues to Test Parity Daily Update

  July 13 2022

  Pound (GBP) Slides amid Political Jitters The Pound (GBP) retreated against the majority of its peers yesterday Ongoing UK political uncertainty … read more

• EUR/USD Exchange Rate Continues to Flirt with Parity Daily Update

  July 12 2022

  Pound (GBP) Subdued amid Political Uncertainty The Pound (GBP) traded without any strong directional bias yesterday, GBP investors being unnerved … read more

• EUR/USD Exchange Rate to Reach Parity amid Strong US Dollar Demand? Daily Update

  July 11 2022

  Pound (GBP) Wavers as Post-Resignation Rally Fizzles Out The Pound (GBP) experienced some volatility on Friday, slipping against its stronger peers, … read more

• Pound Rises as Boris Johnson Resigns Daily Update

  July 8 2022

  Pound (GBP) Firms following Boris Johnson’s Resignation The Pound (GBP) strengthened yesterday as Prime Minister Boris Johnson resigned as leader … read more

• Pound Volatile as Boris Johnson Fights for Survival Daily Update

  July 7 2022

  Pound (GBP) Fluctuates as PM’s Future Uncertain The Pound (GBP) experienced some volatility yesterday amid a political crisis in the UK Following … read more

• Euro Hits 20-Year Low against US Dollar amid Recession Fears Daily Update

  July 6 2022

  Euro (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

• Pound, Euro and US Dollar Waver amid Mixed Market Mood Daily Update

  July 5 2022

  Pound (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