Daily Update
Daily updates on how key currencies are performing in the currency markets.
-
BoE Rate Hike Triggers Choppy Trade for the Pound Daily Update
March 24 2023Pound (GBP) Volatile following BoE Rate Hike The Pound (GBP) fluctuated yesterday, moving sideways overall, after the Bank of England (BoE) raised … read more
-
US Dollar Dips as Fed Delivers Cautious Rate Hike Daily Update
March 23 2023US Dollar (USD) Stumbles following Fed Decision The US Dollar (USD) was fairly subdued yesterday as investors were reluctant to place aggressive … read more
-
Euro Rallies amid Market Optimism and ECB Bets Daily Update
March 22 2023Euro (EUR) Soars amid Renewed ECB Rate Rise Bets As European financial markets continued to stabilise yesterday, the Euro (EUR) surged … read more
-
Pound and Euro Rise as European Banking Sector Stabilises Daily Update
March 21 2023Pound (GBP) Rises as BoE Reassures Markets The Pound (GBP) got off to a decent start this week as optimism in European markets lifted the moderately … read more
-
US Dollar Stumbles amid Shock Drop in Consumer Confidence Daily Update
March 20 2023US Dollar (USD) Slips amid Falling Consumer Morale The safe-haven US Dollar (USD) initially rose at the start of Friday’s European session amid a … read more
-
Euro Wavers as ECB Turns Dovish Daily Update
March 17 2023Euro (EUR) Wavers as ECB Indicates Data Driven Forward Guidance The Euro (EUR) wavered yesterday, as the European Central Bank (ECB) delivered … read more
-
Euro Plummets amid Bank Stock Selloff Ahead of ECB Daily Update
March 16 2023Euro (EUR) Nosedives Following Credit Suisse Selloff The Euro (EUR) plunged during yesterday’s session as the Credit Suisse selloff reverberated … read more
-
Pound Undermined by Slowing Wage Growth Daily Update
March 15 2023Pound (GBP) Stumbles as UK Wage Growth Cools The Pound (GBP) saw little support on Tuesday, following signs that wage growth had begun to cool … read more
-
US Dollar Slumps as SVB Collapse Hits Fed Rate Hike Bets Daily Update
March 14 2023US Dollar (USD) Stumbles as Fed Could Rethink Rate Hike The US Dollar (USD) fluctuated lower yesterday as markets continued to scale back Federal … read more
-
Pound Sterling Consolidates Recovery as UK GDP Beats Forecasts Daily Update
March 13 2023Pound (GBP) Soars following January GDP Rebound At the end of a dramatic week, the Pound (GBP) extended its recovery thanks to better-than-expected … read more