Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US Dollar Falters as Inflation Cools Daily Update
October 30 2023US Dollar (USD) Stumbles amid Easing Inflation The safe-haven US Dollar (USD) wobbled lower on Friday, as a risk-on mood in the wake of Thursday’s … read more
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Euro Falls as ECB Leaves Interest Rates Unchanged Daily Update
October 27 2023Euro (EUR) Slides as ECB Pauses Hiking Cycle The Euro (EUR) weakened yesterday as the European Central Bank (ECB) paused its interest rate hiking … read more
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US Dollar Climbs amid Gloomy Mood Daily Update
October 26 2023US Dollar (USD) Firms amid Souring Mood The US Dollar (USD) moved higher yesterday as a downbeat market mood provided the currency with safe-haven … read more
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Pound and Euro Slide after Troubling PMIs Daily Update
October 25 2023Pound (GBP) Falls as UK Data Dents BoE Bets The Pound (GBP) took a tumble yesterday after poor UK economic data dented Bank of England (BoE) … read more
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US Dollar Slides as Fed Rate Hike Expectations Weaken Daily Update
October 24 2023US Dollar (USD) Falls as Fed Expectations Slide The US Dollar (USD) trended broadly lower during yesterday’s session as a spike in US Treasury … read more
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GBP/EUR Strikes Five-Month Low on Abysmal UK Retail Sales Data Daily Update
October 23 2023Pound (GBP) Pressured by Slump in Retail Sales The Pound (GBP) closed last week on a sour note, following the publication of the UK’s latest … read more
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Euro Firms amid Risk-Off Trade Daily Update
October 20 2023Euro (EUR) Climbs amid Risk-Off Trade The Euro (EUR) rallied yesterday, with the safer single currency catching bids amid widespread risk … read more
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Pound Finds Fleeting Success as UK Inflation Beats Forecasts Daily Update
October 19 2023Pound (GBP) Trims Post-Inflation Gains The Pound (GBP) initially found support yesterday after UK inflation exceeded forecasts, boosting bets on … read more
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Pound Plunges amid Signs of Cooling UK Labour Market Daily Update
October 18 2023Pound (GBP) Slumps following UK Jobs Data The Pound (GBP) tumbled yesterday after the UK’s latest employment data dented Bank of England (BoE) … read more
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US Dollar Dips as Fed Bets Fade Daily Update
October 17 2023US Dollar (USD) Stumbles as Fed Bets Recede The US Dollar (USD) declined during yesterday’s session, as more Federal Reserve policymakers echoed … read more