Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound Climbs amid Recovery in UK Service Sector Activity Daily Update
November 24 2023Pound (GBP) Strengthens on Upbeat PMIs The Pound (GBP) rallied yesterday after the UK’s PMI surveys printed higher than expected The … read more
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Pound Stumbles following Autumn Statement Daily Update
November 23 2023Pound (GBP) Retreats as Autumn Statement Disappoints After initially ticking higher yesterday, the Pound (GBP) then stumbled as measures designed to … read more
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Pound Buoyed by Hawkish BoE Comments Daily Update
November 22 2023Pound (GBP) Climbs following BoE Testimony The Pound (GBP) strengthened yesterday amid hawkish commentary from some Bank of England (BoE) … read more
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US Dollar Strikes Multi-Month Lows as Selling Pressure Persists Daily Update
November 21 2023US Dollar (USD) Extends Downside amid Risk-On Mood The US Dollar (USD) continued its recent downward trend yesterday, striking fresh multi-month … read more
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Pound Softens as Falling UK Sales Spark Recession Fears Daily Update
November 20 2023Pound (GBP) Falls as UK Sales Contract The Pound (GBP) fell against many of its rivals on Friday after UK retail sales unexpectedly contracted by … read more
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Euro Rises amid Risk-Off Mood Daily Update
November 17 2023Euro (EUR) Firms as Market Mood Sours The Euro (EUR) rose yesterday as a bearish market mood lifted the safer single currency against its more … read more
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Pound Plummets as UK Inflation Eases Daily Update
November 16 2023Pound (GBP) Nosedives following Cooler Inflation Figures The Pound (GBP) plunged yesterday after the UK’s latest consumer price index missed … read more
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US Dollar Crashes as Inflation Cools Daily Update
November 15 2023US Dollar (USD) Crumbles as CPI Misses Forecasts The US Dollar (USD) fell off a cliff yesterday after the latest American consumer price index … read more
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Pound Rises and US Dollar Slips amid Risk-On Mood Daily Update
November 14 2023Pound (GBP) Ticks Higher as Sentiment Improves The Pound (GBP) found success against its safer rivals yesterday as a cautiously upbeat market mood … read more
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Pound Struggles as UK Economy Stagnates Daily Update
November 13 2023Pound (GBP) Subdued following UK GDP The Pound (GBP) slipped against its stronger peers on Friday, despite UK GDP printing above expectations at 0%, … read more