Daily Update
Daily updates on how key currencies are performing in the currency markets.
-
US Dollar Dips as Banking Fears Dent Fed Bets Daily Update
April 27 2023US Dollar (USD) Slides as Markets Scale Back Fed Bets A risk-off market mood failed to lift the safe-haven US Dollar (USD) yesterday, as markets … read more
-
US Dollar Climbs as Banking Jitters Hit Markets Daily Update
April 26 2023US Dollar (USD) Firms amid Risk-Off Trade The US Dollar (USD) rallied yesterday as widespread risk aversion saw traders flock to the safe-haven … read more
-
Euro Strengthens amid Fresh Bets on More ECB Rate Hikes Daily Update
April 25 2023Euro (EUR) Climbs amid Hawkish ECB Comments A rise in German business morale lent the Euro (EUR) some support early in yesterday’s … read more
-
Euro Rises as Private Sector Activity Picks Up Daily Update
April 24 2023Euro (EUR) Climbs following Strong PMI Results The Euro (EUR) marched higher at the end of last week following April’s PMI surveys Although the … read more
-
US Dollar Undermined by Disappointing Data Daily Update
April 21 2023Pound (GBP) Underpinned by BoE Bets Persistent bets on a 25bps rate hike from the Bank of England (BoE) in May propped up the Pound (GBP) on … read more
-
Pound Climbs as UK Inflation Exceeds Forecasts Daily Update
April 20 2023Pound (GBP) Buoyed amid BoE Rate Hike Bets The Pound (GBP) gained ground yesterday after the UK’s latest consumer price index came in higher than … read more
-
Pound Choppy following Mixed Jobs Data Daily Update
April 19 2023Pound (GBP) Wavers following UK Jobs Report The Pound (GBP) wobbled yesterday as investors digested a mixed UK labour market report Wage growth … read more
-
Pound Wavers amid BoE Uncertainty Daily Update
April 18 2023Pound (GBP) Turbulent amid Mixed BoE Bets The Pound (GBP) fluctuated yesterday as markets responded to mixed Bank of England (BoE) predictions A … read more
-
US Dollar Rallies following Hawkish Fed Comments Daily Update
April 17 2023US Dollar (USD) Rebounds as Fed Signals More Hikes The US Dollar (USD) rallied on Friday, recouping much of the week’s losses, after hawkish … read more
-
US Dollar Hits Multi-Month Lows amid Dwindling Fed Bets Daily Update
April 14 2023US Dollar (USD) Slides as Inflation Continues to Cool The US Dollar (USD) extended its downside yesterday as the Federal Open Market Committee’s … read more