Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US Dollar slides as US GDP revised lower Daily Update
December 22 2023US Dollar (USD) knocked by GDP disappointment The US Dollar (USD) stumbled yesterday as the latest US GDP figures saw growth in the third quarter … read more
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Pound nosedives as UK inflation misses expectations Daily Update
December 21 2023Pound (GBP) plummets as inflations falls short The Pound (GBP) tumbled on Wednesday, following the publication of the UK’s consumer price … read more
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US Dollar slides amid cheery trade Daily Update
December 20 2023US Dollar (USD) slumps amid risk-on rally The US Dollar faced heavy selling pressure yesterday as a risk-on market mood sapped demand for the … read more
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Euro Ticks Higher as ECB Pushes Back on Rate Cut Speculation Daily Update
December 19 2023Pound (GBP) Stumbles amid Bleak Economic Forecast The Pound (GBP) weakened yesterday after accountancy giant KPMG warned that the UK’s economic … read more
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US Dollar Rebounds following Hawkish Fed Comments Daily Update
December 18 2023Pound (GBP) Ticks Higher following PMIs The Pound (GBP) rose at the start of Friday’s session after the UK’s latest service sector PMI beat … read more
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Pound Rallies amid Hawkish BoE Rhetoric Daily Update
December 15 2023Pound (GBP) Climbs as BoE Strikes Hawkish Tone The Pound (GBP) strengthened yesterday after the Bank of England (BoE) struck a hawkish tone at its … read more
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US Dollar Collapses following Dovish Fed Remarks Daily Update
December 14 2023US Dollar (USD) Crumbles after Fed Decision The US Dollar (USD) plummeted yesterday evening after Federal Reserve Chair Jerome Powell struck an … read more
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US Dollar Rebounds amid Signs of Sticky Inflation Daily Update
December 13 2023US Dollar (USD) Rebounds following Inflation Data The safe-haven US Dollar (USD) initially weakened yesterday amid a risk-on market mood However, … read more
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GBP and USD Fluctuate as Markets Brace for Central Bank Decisions Daily Update
December 12 2023Pound (GBP) Volatile as High-Impact Data Looms The Pound (GBP) moved higher during yesterday’s European session before trimming its gains against … read more
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US Dollar Bolstered by Upbeat Payrolls Report Daily Update
December 11 2023US Dollar (USD) Rallies on Upbeat Payrolls Data The US Dollar (USD) jumped at the end of last week as the latest US payrolls report revealed that … read more