Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Euro recovers as Eurozone unemployment drops to record low Daily Update
January 10 2024Pound (GBP) muted amid lack of UK data The Pound (GBP) moved without a clear direction yesterday, softening against its stronger peers and holding … read more
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Euro climbs as German exports surge Daily Update
January 9 2024Euro (EUR) buoyed by German trade data The Euro (EUR) enjoyed support yesterday after an unexpectedly strong recovery in German exports, with growth … read more
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US Dollar rocked by mixed payrolls report Daily Update
January 8 2024US Dollar (USD) volatile following jobs data The US Dollar (USD) was infused with volatility on Friday as markets digested the latest non-farm … read more
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Euro strengthens as German inflation accelerates Daily Update
January 5 2024Euro (EUR) strengthens as German inflation jumps The Euro (EUR) rallied on Thursday, in response to Germany’s latest consumer price … read more
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US Dollar slides following FOMC minutes Daily Update
January 4 2024US Dollar (USD) retreats following Fed minutes The US Dollar (USD) slumped during yesterday’s trading session, following the publication of the … read more
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US Dollar soars at the start of 2024 amid gloomy mood Daily Update
January 3 2024US Dollar (USD) surges in bearish trade The US Dollar got off to a roaring start this year as a cautious mood saw skittish investors favour the … read more
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What might 2024 have in store for the currency market? Daily Update
January 2 2024Politics and monetary policy to drive volatility in the Pound (GBP) Monetary policy from the Bank of England (BoE) is likely to drive most movement … read more
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2023 Currency Recap: Rate Hiking Cycles Come to an End Daily Update
December 29 2023Pound (GBP) Rallies as BoE Continues Raising Interest Rates The Pound (GBP) faced headwinds early on in 2023 Markets reined in bets on further … read more
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US Dollar Weakens amid Risk-Positive Trade Daily Update
December 28 2023US Dollar (USD) Slides amid Cheery Trade The US Dollar (USD) fell yesterday as a risk-on sentiment sapped the safe-haven currency’s appeal In … read more
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EUR/USD Jumps to Four-Month High Daily Update
December 27 2023Pound (GBP) Fluctuates amid Mixed Data Trade in the Pound (GBP) was mixed at the end of last week following the publication of the UK’s last … read more