Daily Update

Daily updates on how key currencies are performing in the currency markets.

• US Dollar Drops as Inflation Rapidly Cools Daily Update

  April 13 2023

  US Dollar (USD) Plunges as CPI Dents Fed Rate Rise Bets The US Dollar (USD) slumped yesterday after US headline inflation cooled more than expected, … read more

• US Dollar Slips as Market Mood Improves Daily Update

  April 12 2023

  US Dollar (USD) Softens amid Risk-On Mood An upbeat tone in markets yesterday put the safe-haven US Dollar (USD) on the back foot, although rising … read more

• US Dollar Climbs as Employment Data Beats Forecasts Daily Update

  April 11 2023

  US Dollar (USD) Rises on Strong Jobs Report The US Dollar (USD) ticked higher towards the end of last week’s trade as investors favoured the … read more

• US Dollar Grinds Higher as Market Mood Sours Daily Update

  April 6 2023

  US Dollar (USD) Regains Ground amid Risk Aversion The US Dollar (USD) found some support yesterday as a risk-off market mood buoyed the safe-haven … read more

• Pound Climbs on BoE Rate Rise Bets Daily Update

  April 5 2023

  Pound (GBP) Surges despite Lack of Data Despite a lack of UK economic data, the Pound (GBP) marched higher through yesterday’s session The … read more

• US Dollar Declines amid Risk-Positive Trade Daily Update

  April 4 2023

  US Dollar (USD) Slides amid Risk-On Rally A risk-on market mood sapped the safe-haven US Dollar’s (USD) appeal yesterday, causing the currency to … read more

• Pound Lifted by Better-than-Expected GDP Daily Update

  April 3 2023

  Pound (GBP) Propped Up by GDP Report The Pound (GBP) found some support on Friday after UK GDP exceeded forecasts The British economy expanded 01% … read more

• Euro Climbs amid Signs of Sticky Inflation Daily Update

  March 31 2023

  Euro (EUR) Strengthens as Inflation Data Boosts ECB Bets The Euro (EUR) rallied yesterday as new inflation data boosted expectations that the … read more

• Euro Bolstered by Improved German Consumer Confidence Daily Update

  March 30 2023

  Euro (EUR) Supported by Uptick in German Consumer Confidence The Euro (EUR) firmed against many of its peers yesterday as an increase in German … read more

• Pound Rudderless amid Lack of Data Releases Australian Dollar (AUD) Daily Update Euro (EUR) Pound Sterling (GBP) US Dollar (USD)

  March 29 2023

  Pound (GBP) Directionless in Absence of Data The Pound (GBP) lacked direction during yesterday’s trade, as a lack of economic releases left … read more