Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound Wavers as UK Core Inflation Climbs to 31-Year High Australian Dollar (AUD) Daily Update Euro (EUR) Pound Sterling (GBP) US Dollar (USD)
May 25 2023Pound (GBP) Spikes on Shock Core CPI Jump The Pound (GBP) found fleeting gains yesterday, following the latest consumer price index data which … read more
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GBP/USD Strikes One-Month Low amid UK Private Sector Slowdown Australian Dollar (AUD) Daily Update Pound Sterling (GBP) US Dollar (USD)
May 24 2023Pound (GBP) Limited by Mixed PMI Data The Pound (GBP) saw limited trade against most peers yesterday, as lacklustre private indexes sapped … read more
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US Debt Ceiling Crisis Weighs on Currencies Australian Dollar (AUD) Daily Update Euro (EUR) Pound Sterling (GBP) US Dollar (USD)
May 23 2023Pound (GBP) Muted amid Lack of Data The Pound (GBP) lacked direction yesterday, as a lack of economic releases left Sterling vulnerable to market … read more
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Pound and Euro Rise, US Dollar Falls on Central Bank Bets Daily Update
May 22 2023Pound (GBP) Rebounds amid BoE Bets The Pound (GBP) enjoyed renewed support on Friday, with the UK currency managing to recoup some of its losses … read more
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US Dollar Hits Multi-Month Highs amid Fresh Fed Bets Daily Update
May 19 2023US Dollar (USD) Surges on Hawkish Fed Expectations Speculation that the Federal Reserve will continue raising interest rates lifted the US Dollar … read more
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Euro Drops following Softer Eurozone Inflation Daily Update
May 18 2023Euro (EUR) Weakens as CPI Misses Forecasts The Euro (EUR) fell yesterday following softer-than-expected Eurozone inflation data While annual … read more
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Pound Weakens as Jobs Data Disappoints Daily Update
May 17 2023Pound (GBP) Stumbles following Labour Market Data Below-forecast jobs data rocked the Pound (GBP) yesterday UK unemployment unexpectedly rose while … read more
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US Dollar Declines amid Improving Market Mood Daily Update
May 16 2023US Dollar (USD) Slips amid Improving Mood The US Dollar (USD) fell yesterday as a renewed appetite for risk among investors saw the safe-haven … read more
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US Dollar Regains Ground as Sentiment Sours Daily Update
May 15 2023US Dollar (USD) Rises as Risk Aversion Grips Markets After a sluggish start on Friday, the US Dollar (USD) eventually climbed higher Traders took to … read more
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Pound Rocked by Bank of England Decision Daily Update
May 12 2023Pound (GBP) Zigzags Lower despite BoE Rate Hike The Bank of England (BoE) interest rate decision rocked the Pound (GBP) yesterday Although the bank … read more