Daily Update

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

• Euro and US Dollar Falter amid Upbeat Market Mood Daily Update

  January 21 2022

  Pound (GBP) Mixed amid BoE Rate Hike Bets and Political Jitters The Pound (GBP) was mixed yesterday, performing better than safe-haven currencies … read more

• Pound Climbs as UK Inflation Hits 30-Year high of 5.4% Daily Update

  January 20 2022

  Pound (GBP) Firms following Inflation Data  The Pound (GBP) strengthened against the majority of its peers yesterday as UK inflation rose by … read more

• Pound Stumbles as Cost-of-Living Crunch Looms Daily Update

  January 19 2022

  Pound (GBP) Dented by Fall in Real Wages The Pound (GBP) fell against most of its peers yesterday, despite a mostly upbeat jobs report, as a drop … read more

• Pound Undermined by Political Jitters Daily Update

  January 18 2022

  Pound (GBP) Slips despite Positive Covid Data The Pound (GBP) lost ground yesterday, despite the latest Covid data showing that infections … read more

• US Dollar Rallies in Risk-Off Trade Daily Update

  January 17 2022

  Pound (GBP) Buoyed by Strong UK GDP The Pound (GBP) had mixed success in Friday’s trade, gaining against its weaker peers thanks some strong … read more

• US Dollar Extends Post-CPI Downside Daily Update

  January 14 2022

  Pound (GBP) Fluctuates on Mixed Day for GBP  The Pound (GBP) traded in a wide range yesterday, trending sideways overall, as political … read more

• US Dollar Tanks to Two-Month Lows despite Inflation Hitting a 40-Year High Daily Update

  January 13 2022

  Pound (GBP) Slips as Leadership Challenge Looms for Boris Johnson  The Pound (GBP) fell against many of its rivals yesterday as political … read more

• US Dollar Retreats despite Hawkish Fed Testimony Daily Update

  January 12 2022

  Pound (GBP) Volatile amid Profit-Taking The Pound (GBP) initially spiked as strong UK jobs data and Bank of England (BoE) rate hike bets gave the … read more

• US Dollar and Euro Climb as Markets Fret about Fed Rate Rise Daily Update

  January 11 2022

  Pound (GBP) Drifts amid Lull in Economic Data The Pound (GBP) had mixed success during yesterday’s session as a lack of data left Sterling … read more

• US Dollar Slumps following Non-Farm Payrolls Miss Daily Update

  January 10 2022

  Pound (GBP) Subdued as Covid Disruption Continues  The Pound (GBP) was muted on Friday as Covid-related staff absences continued to cause … read more