Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound Plunges amid Signs of Cooling UK Labour Market Daily Update
October 18 2023Pound (GBP) Slumps following UK Jobs Data The Pound (GBP) tumbled yesterday after the UK’s latest employment data dented Bank of England (BoE) … read more
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US Dollar Dips as Fed Bets Fade Daily Update
October 17 2023US Dollar (USD) Stumbles as Fed Bets Recede The US Dollar (USD) declined during yesterday’s session, as more Federal Reserve policymakers echoed … read more
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US Dollar Climbs amid Risk Aversion Daily Update
October 16 2023US Dollar (USD) Strengthens as Mood Sours The US Dollar (USD) firmed on Friday as anxious investors sought out safer currencies Worries about … read more
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US Dollar Rallies on Signs of Stubborn Inflation Daily Update
October 13 2023US Dollar (USD) Jumps following Sticky CPI The US Dollar (USD) strengthened yesterday after the latest American consumer price index exceeded … read more
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US Dollar Extends Selloff despite Signs of Stubborn Price Pressures Daily Update
October 12 2023US Dollar (USD) Continues to Weaken despite Stronger PPI The US Dollar (USD) weakened yesterday as investors ignored a stronger-than-forecast PPI … read more
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US Dollar Struggles as Markets Scale Back Fed Expectations Daily Update
October 11 2023US Dollar (USD) Remains Weak as Investors Pare Fed Bets The US Dollar (USD) fluctuated near weekly lows yesterday, with the safe-haven currency … read more
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US Dollar Buoyed by Risk-Off Mood Daily Update
October 10 2023US Dollar (USD) Undermined by Dovish Fed Comments The US Dollar (USD) firmed at the start of yesterday’s session as widespread risk aversion amid … read more
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US Dollar Volatile after Hot Jobs Data Daily Update
October 9 2023US Dollar (USD) Turbulent after Strong Jobs Report The US Dollar (USD) spiked on Friday afternoon after a shockingly strong non-farm payrolls report … read more
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US Dollar Wobbles Ahead of Key Jobs Report Daily Update
October 6 2023US Dollar (USD) Wavers in Tandem with Treasury Yields The US Dollar (USD) initially edged higher yesterday morning as an uptick in US Treasury bond … read more
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US Dollar Nosedives on Dismal ADP Employment Figures Daily Update
October 5 2023US Dollar (USD) Plunges on Worrying Employment Data The US Dollar came crashing back to earth yesterday, with USD exchange rates plummeting from … read more