Daily Update
Daily updates on how key currencies are performing in the currency markets.
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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
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US Dollar Rebounds following Fed Chief Speech Daily Update
November 10 2023US Dollar (USD) Recovers after Hawkish Fed Comments The safe-haven US Dollar (USD) initially wavered yesterday as the market mood shifted, with … read more
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US Dollar Wavers as Market Mood Shifts Daily Update
November 9 2023US Dollar (USD) Pares Gains as Mood Improves The US Dollar (USD) found early success yesterday as a risk-off mood provided the ‘Greenback’ with … read more
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US Dollar Regains Ground as Market Mood Sours Daily Update
November 8 2023US Dollar (USD) Firms amid Risk-Off Trade The US Dollar (USD) marched higher yesterday as a souring market mood revived interest in the safe-haven … read more
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Pound Trims Gains amid Profit-Taking Daily Update
November 7 2023Pound (GBP) Hits Ceiling as Investors Cash In The Pound (GBP) started yesterday’s session on the front foot, extending its gains from Friday, with … read more
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US Dollar Craters as Employment Data Disappoints Daily Update
November 6 2023US Dollar (USD) Nosedives amid Dismal Employment Data After a tepid start, the US Dollar (USD) began to crash during last Friday’s trade, … read more
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Pound Rocked by BoE Decision Daily Update
November 3 2023Pound (GBP) Wavers Lower following BoE Decision The Pound (GBP) fluctuated during yesterday’s session as investors reacted to the Bank of … read more
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US Dollar Slumps after Fed Holds Interest Rates Daily Update
November 2 2023US Dollar (USD) Fluctuates amid Mixed Data The safe-haven US Dollar (USD) saw some volatility yesterday amid a shifting market mood and mixed … read more
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Euro Slashes Gains as Inflation Eases Daily Update
November 1 2023Euro (EUR) Reverses Course following Cooler Inflation The Euro (EUR) initially ticked higher yesterday, with the single currency boosted by its … read more
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Euro Buoyed as German GDP Beats Forecasts Daily Update
October 31 2023Euro (EUR) Finds Success as German Economy Less Weak than Feared The Euro (EUR) firmed against its weaker peers yesterday after German GDP beat … read more