Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US Dollar Whipsaws as Investors Mull Labour Data Daily Update
September 4 2023US Dollar (USD) Recovers after Shock Unemployment Spike The US Dollar (USD) traded in a wide range at the end of last week USD exchange rates … read more
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US Dollar Rallies as Core Inflation Heats Up Daily Update
September 1 2023US Dollar (USD) Rallies on Core PCE Uptick Yesterday, the US Dollar (USD) strengthened against most major peers as an increase in the core PCE price … read more
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US Dollar Slides amid Further Evidence of Cooling Labour Market Daily Update
August 31 2023US Dollar (USD) Crashes as ADP Employment Figures Fall Yesterday, the US Dollar (USD) fell against most major peers following a surprise drop in the … read more
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US Dollar Rocked by Surprise Fall in JOLTs Job Openings Daily Update
August 30 2023US Dollar (USD) Struggles amid Shock JOLTs Openings Drop The US Dollar (USD) struggled to attract support yesterday following a surprise drop in the … read more
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US Dollar Rallies as Fed Chief Signals More Rate Rises Daily Update
August 29 2023US Dollar (USD) Climbs on Hawkish Powell Comments Despite an uncertain start to the session, the US Dollar (USD) eventually leapt higher on Friday … read more
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Pound Faces Fresh Headwinds amid Decline in Retail Trade Daily Update
August 25 2023Pound (GBP) Stumbles after Worrying Retail Data The Pound (GBP) faced ongoing selling pressure yesterday following the latest data from the … read more
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Pound, Euro, US Dollar Dented by Signs of Economic Slowdown Daily Update
August 24 2023Pound (GBP) Sinks amid Dismal PMI Readings Shockingly poor private sector indexes blighted the Pound (GBP) yesterday, pushing it down against its … read more
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Euro Slides as US Dollar Rebounds Daily Update
August 23 2023Euro (EUR) Slides amid German Economic Woes The Euro (EUR) faced selling pressure during yesterday’s session, amid lingering concerns about the … read more
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Pound, Euro and US Dollar Waver amid Lack of Data Daily Update
August 22 2023Pound (GBP) Wavers amid Lack of Data The Pound (GBP) fluctuated without a clear direction yesterday as a lack of British economic data left the … read more
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Pound Clipped by Sharp Contraction in UK Retail Sales Daily Update
August 21 2023Pound (GBP) Stumbles as Retail Sales Slump The Pound (GBP) initially faced selling pressure on Friday after UK retail sales slumped a whopping 12% … read more