Daily Update

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

• Pound and Euro Rise as Banking Jitters Fade Daily Update

  March 28 2023

  Pound (GBP) Firms amid Positive Investor Mood Renewed optimism in European markets lifted the Pound (GBP) yesterday, with many firms in the banking … read more

• Euro Drops amid Fresh Banking Sector Fears Daily Update

  March 27 2023

  Euro (EUR) Slides as European Bank Stocks Tumble A fresh selloff in the European banking sector dragged the Euro (EUR) lower on Friday Just as … read more

• BoE Rate Hike Triggers Choppy Trade for the Pound Daily Update

  March 24 2023

  Pound (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 2023

  US 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 2023

  Euro (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 2023

  Pound (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 2023

  US 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 2023

  Euro (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 2023

  Euro (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 2023

  Pound (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