Daily Update
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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
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US Dollar and Euro Climb as Markets Fret about Fed Rate Rise Daily Update
January 11 2022Pound (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
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US Dollar Slumps following Non-Farm Payrolls Miss Daily Update
January 10 2022Pound (GBP) Subdued as Covid Disruption Continues The Pound (GBP) was muted on Friday as Covid-related staff absences continued to cause … read more
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Pound Posts Gains despite Covid Fears Daily Update
January 7 2022Pound (GBP) Shows Resilience despite Omicron Concerns After initially stumbling, the Pound (GBP) managed to end yesterday’s session … read more
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US Dollar Reverses Losses following Hawkish FOMC Minutes Daily Update
January 6 2022Pound (GBP) Slips as NHS Covid Pressures Mount The Pound (GBP) fell against many of its rivals yesterday as surging Omicron cases piled … read more
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Pound Surges Higher on BoE Rate Hike Bets Daily Update
January 5 2022Pound (GBP) Strengthens on BoE Rate Hike Bets The Pound (GBP) surged higher through yesterday’s session, as bets for another Bank of … read more
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Pound Stumbles following NHS Chief’s Comments Daily Update
January 4 2022Pound (GBP) Slips as Covid Optimism Wanes The Pound (GBP) fell on Friday after Chris Hopson, CEO of NHS Providers, said that the UK must be … read more
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How did 2021 Impact the Currency Market? Daily Update
December 31 2021Pound (GBP) The Pound (GBP) started 2021 as one of the best performing major currencies due to Brexit trade deal relief and the … read more