Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US Dollar climbs alongside Treasury bond yields Daily Update
January 24 2024US Dollar (USD) rises as Treasury bond yields climb The US Dollar (USD) enjoyed support yesterday as the ‘Greenback’ was buoyed by rising US … read more
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Pound climbs amid brighter growth forecasts Daily Update
January 23 2024Pound (GBP) rises despite recession concerns The Pound (GBP) ticked higher as this week’s session began, despite fears that the UK economy may … read more
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Pound tumbles amid UK recession worries Daily Update
January 22 2024Pound (GBP) slides as UK retail sales plunge The Pound (GBP) faced heavy selling pressure on Friday as a sharp slump in UK retail sales sparked … read more
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Euro slips amid concerns over Eurozone economic growth Daily Update
January 19 2024Euro (EUR) falls amid Eurozone economy concerns The Euro (EUR) stumbled yesterday after the European Central Bank’s (ECB) latest meeting minutes … read more
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Pound rallies as UK inflation accelerates Daily Update
January 18 2024Pound (GBP) jumps following hot UK inflation The Pound (GBP) jumped yesterday as the UK’s latest consumer price index beat forecasts UK … read more
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US Dollar continues to climb amid anxious market mood Daily Update
January 17 2024Pound (GBP) muted as UK wage growth slows The Pound (GBP) was subdued yesterday as a cooldown in UK wage growth boosted bets on a coming interest … read more
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US Dollar climbs as Middle East tensions mount Daily Update
January 16 2024Pound (GBP) mixed amid lack of data The Pound (GBP) was mixed yesterday amid a lack of UK economic data These thin trading conditions saw … read more
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Pound volatile amid mixed UK GDP data Daily Update
January 15 2024Pound (GBP) choppy following GDP data The Pound (GBP) faced some volatility at the end of last week, trending broadly lower, following mixed UK GDP … read more
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US Dollar rallies as inflation beats forecasts Daily Update
January 12 2024US Dollar (USD) rebounds following hot CPI The US Dollar (USD) leapt higher yesterday following a hotter-than-expected US consumer price … read more
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Euro rises following ECB Vice-President speech Daily Update
January 11 2024Euro (EUR) firms despite mixed ECB remarks The Euro (EUR) ticked higher against many of its rivals yesterday, despite European Central Bank (ECB) … read more