Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound Rocked by Bank of England Decision Daily Update
May 12 2023Pound (GBP) Zigzags Lower despite BoE Rate Hike The Bank of England (BoE) interest rate decision rocked the Pound (GBP) yesterday Although the bank … read more
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US Dollar Fluctuates following Inflation Data Daily Update
May 11 2023US Dollar (USD) Rocked by Inflation Rate Reading The latest US consumer price index triggered notable volatility in the US Dollar (USD) … read more
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US Dollar Claws Its Way Higher amid Risk-Off Mood Daily Update
May 10 2023US Dollar (USD) Rallies as Sentiment Sours The US Dollar (USD) climbed yesterday as investors flocked to the safe-haven currency amid a risk-off … read more
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Strong Non-Farm Payrolls Report Fails to Boost US Dollar Daily Update
May 9 2023US Dollar (USD) Declines despite Strong Jobs Report The US Dollar (USD) softened on Friday, with hotter-than-forecast jobs data only triggering a … read more
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Euro Tumbles as ECB Slows Pace of Policy Tightening Daily Update
May 5 2023Euro (EUR) Dives as ECB Delivers Smaller Rate Rise The Euro (EUR) slumped yesterday as the European Central Bank (ECB) slowed its pace of policy … read more
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US Dollar Softens as Fed Signals Policy Pause Daily Update
May 4 2023US Dollar (USD) Declines following Fed’s Dovish Hike The US Dollar (USD) weakened through yesterday’s European trade as a risk-on market mood … read more
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Euro Wobbles following Mixed Inflation Data Daily Update
May 3 2023Euro (EUR) Mixed following Inflation Data A mixed consumer price index saw the Euro (EUR) trade without a clear direction yesterday While headline … read more
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Australian Dollar Surges Higher on Surprise RBA Rate Hike Daily Update
May 2 2023Australian Dollar (AUD) Soars following Shock RBA Rate Rise The Australian Dollar (AUD) skyrocketed early this morning after the Reserve Bank of … read more
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US Dollar Climbs despite GDP Slowdown Daily Update
April 28 2023US Dollar (USD) Firms amid Fed Rate Hike Bets The US Dollar (USD) ticked higher during yesterday’s European session, recouping some of its … read more
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US Dollar Dips as Banking Fears Dent Fed Bets Daily Update
April 27 2023US Dollar (USD) Slides as Markets Scale Back Fed Bets A risk-off market mood failed to lift the safe-haven US Dollar (USD) yesterday, as markets … read more