Daily Update
Daily updates on how key currencies are performing in the currency markets.
-
Pound Slips, US Dollar Firms on Global Recession Fears Daily Update
June 20 2022Pound (GBP) Undermined by Souring Market Mood The Pound (GBP) initially rose on Friday as the Bank of England’s (BoE) hawkish hint of future rate … read more
-
Pound Sterling Climbs to One-Week Highs following BoE Decision Daily Update
June 17 2022Pound (GBP) Surges Higher as BoE Hints at Further Hikes The Pound (GBP) jumped yesterday, hitting one-week highs against many of its peers, after a … read more
-
Euro and US Dollar Choppy amid ECB and Fed Meetings Daily Update
June 16 2022Pound (GBP) Rebounds as Market Sentiment Improves The Pound (GBP) recovered from Tuesday’s slump yesterday as a rally in European markets … read more
-
Pound Nosedives as UK Outlooks Grows More Uncertain Daily Update
June 15 2022Pound (GBP) Plummets amid Strong Headwinds The Pound (GBP) tumbled yesterday, hitting multi-year lows against some of its peers, after worrying UK … read more
-
US Dollar Strength Persists amid Anxious Market Mood Daily Update
June 14 2022US 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 2022Pound (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 2022Pound (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 2022Euro (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 2022Pound (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 2022Pound (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