Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound Strengthens as UK Traders Return from Christmas Break Daily Update
December 29 2022Pound (GBP) Firms as UK Stocks Rise The Pound (GBP) rallied through yesterday’s European session, amid an upswing in UK stocks as traders returned … read more
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Euro Undermined by Ukraine Concerns Daily Update
December 28 2022Euro (EUR) Edges Down as Ukraine-Russia Conflict Concerns Increase The Euro (EUR) edged lower on Friday, as concerns around the Ukraine-Russia … read more
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Pound Slides as UK GDP Shrinks Further Daily Update
December 23 2022Pound (GBP) Crumbles as UK GDP Revised Down The Pound (GBP) fell further yesterday as the third-quarter GDP data was revised lower than preliminary … read more
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Pound Sinks as Government Borrowing Soars Daily Update
December 22 2022Pound (GBP) Slumps following Government Borrowing Figures The Pound (GBP) weakened across the board yesterday as UK government borrowing came in far … read more
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Euro and US Dollar Firm amid Downbeat Market Mood Daily Update
December 21 2022Euro (EUR) Rises amid Risk-Off Mood The Euro (EUR) found some success yesterday as the downbeat market mood gave the safer single currency a … read more
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Pound Firms amid Optimistic Market Mood Daily Update
December 20 2022Pound (GBP) Buoyed by Positive Market mood The Pound (GBP) traded with modest gains at the start of this week as an upbeat market mood helped to … read more
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Pound Undermined by Retail Sales Miss Daily Update
December 19 2022Pound (GBP) Slips as Retail Sector Profits Tumble A vulnerable Pound (GBP) initially fell against its rivals on Friday An unexpected slump in … read more
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Euro Soars Following Hawkish ECB Rate Hike Daily Update
December 16 2022Euro (EUR) Climbs on ECB’s Hawkish Hike The Euro (EUR) strengthened against many of its peers during Thursday’s session, thanks to a fairly … read more
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US Dollar Sees Dramatic Swings Following Fed Interest Rate Decision Daily Update
December 15 2022US Dollar (USD) Fluctuates on Fed Rate Decision After holding its ground through the European trading session, the US Dollar (USD) surged in an … read more
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US Dollar Nosedives as American Inflation Continues to Ease Daily Update
December 14 2022US Dollar (USD) Slumps following Softer CPI The US Dollar (USD) crashed yesterday afternoon after US inflation slowed for the fifth consecutive … read more