Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US Dollar and Euro Gain as Markets Cloud Over Daily Update
January 25 2022Pound (GBP) Stumbles as PMI Disappoints The Pound (GBP) fell against most of its rivals yesterday after UK private-sector growth unexpectedly … read more
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Pound Hit by Slump in UK Retail Sales Daily Update
January 24 2022Pound (GBP) Slides following Dire Sales Data The Pound (GBP) faced heavy selling pressure on Friday after UK retail sales slumped … read more
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Euro and US Dollar Falter amid Upbeat Market Mood Daily Update
January 21 2022Pound (GBP) Mixed amid BoE Rate Hike Bets and Political Jitters The Pound (GBP) was mixed yesterday, performing better than safe-haven currencies … read more
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Pound Climbs as UK Inflation Hits 30-Year high of 5.4% Daily Update
January 20 2022Pound (GBP) Firms following Inflation Data The Pound (GBP) strengthened against the majority of its peers yesterday as UK inflation rose by … read more
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Pound Stumbles as Cost-of-Living Crunch Looms Daily Update
January 19 2022Pound (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
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Pound Undermined by Political Jitters Daily Update
January 18 2022Pound (GBP) Slips despite Positive Covid Data The Pound (GBP) lost ground yesterday, despite the latest Covid data showing that infections … read more
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US Dollar Rallies in Risk-Off Trade Daily Update
January 17 2022Pound (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
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US Dollar Extends Post-CPI Downside Daily Update
January 14 2022Pound (GBP) Fluctuates on Mixed Day for GBP The Pound (GBP) traded in a wide range yesterday, trending sideways overall, as political … read more
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US Dollar Tanks to Two-Month Lows despite Inflation Hitting a 40-Year High Daily Update
January 13 2022Pound (GBP) Slips as Leadership Challenge Looms for Boris Johnson The Pound (GBP) fell against many of its rivals yesterday as political … read more
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US Dollar Retreats despite Hawkish Fed Testimony Daily Update
January 12 2022Pound (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