Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US Dollar Stumbles as Markets Bet on Fed Policy Pause Daily Update
June 9 2023US Dollar (USD) Weakens amid Fed Pause Speculation The US Dollar (USD) stumbled through yesterday’s session as expectations of a policy pause from … read more
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Canadian Dollar Jumps following Surprise BoC Rate Hike Daily Update
June 8 2023Canadian Dollar (CAD) Rebounds as BoC Hikes Rates After initially weakening, the Canadian Dollar (CAD) then bounced back yesterday afternoon … read more
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US Dollar Rises amid Souring Market Mood Daily Update
June 7 2023US Dollar (USD) Firms amid Risk-Off Trade The US Dollar (USD) climbed yesterday as a gloomy market mood boosted the safe-haven currency’s … read more
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US Dollar Retreats following Poor PMI Results Daily Update
June 6 2023US Dollar (USD) Slides as Services PMI Disappoints Continued tailwinds following Friday’s strong jobs data saw the US Dollar (USD) rise through … read more
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US Dollar Rallies after Payrolls Report Beats Forecasts Daily Update
June 5 2023US Dollar (USD) Firms following Strong Payrolls The US Dollar (USD) rallied on Friday after the latest non-farm payrolls report smashed forecasts … read more
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Pound Strengthens amid Ongoing BoE Rate Hike Bets Daily Update
June 2 2023Pound (GBP) Firms as BoE Bets Continue The Pound (GBP) gained ground yesterday as ongoing Bank of England (BoE) rate hike bets continued to lift the … read more
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US Dollar Slides as US Debt Ceiling Deal Passed Daily Update
June 1 2023US Dollar (USD) Fluctuates amid US Debt Ceiling Developments The US Dollar (USD) strengthened through yesterday’s European trading session ahead … read more
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Pound Strengthens as Markets Price in Multiple BoE Rate Hikes Daily Update
May 31 2023Pound (GBP) Climbs amid BoE Bets The Pound (GBP) strengthened yesterday as markets bet on more Bank of England (BoE) interest rate rises After … read more
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US Dollar Recovers following Surprise Rise in Inflation Daily Update
May 30 2023US Dollar (USD) Rebounds after Inflation Edges Higher The US Dollar (USD) weakened at the start of Friday’s European session as a recovering risk … read more
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US Dollar Climbs as Debt Ceiling Deadline Inches Closer Daily Update
May 26 2023US Dollar (USD) Strengthens as Debt Ceiling Deadline Creeps Closer The US Dollar (USD) continued its upward march yesterday, as the US debt ceiling … read more