Daily Update
Daily updates on how key currencies are performing in the currency markets.
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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
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Pound Enjoys Recovery in UK GDP Daily Update
December 13 2022Pound (GBP) Firms following UK GDP Report The Pound (GBP) strengthened against some of its peers yesterday after the UK’s latest GDP report beat … read more
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Pound Edges Up on UK Hopes Daily Update
December 12 2022Pound (GBP) Firms amid Upbeat UK Mood As last week’s trade came to a close the Pound (GBP) found some success, with a more upbeat market mood … read more
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US Dollar Declines as Risk Sentiment Improves Daily Update
December 9 2022US Dollar (USD) Slips as Market Mood Recovers The US Dollar (USD) fell yesterday as an increased appetite for risk saw traders shun the safe-haven … read more
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Euro Undermined by Putin Comments Daily Update
December 8 2022Euro (EUR) Trims Gains following Putin Warning The Euro (EUR) enjoyed early success yesterday after German industrial production and Eurozone GDP … read more
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Euro Lifted by Strong German Data Daily Update
December 7 2022Euro (EUR) Rises on Positive German Data The Euro (EUR) firmed yesterday after a stronger-than-expected recovery in German factory orders Orders … read more
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US Dollar Rallies as Services PMI Beats Forecasts Daily Update
December 6 2022US Dollar (USD) Jumps on Unexpectedly Strong Data The US Dollar (USD) surged higher yesterday after the ISM non-manufacturing PMI beat forecasts, … read more
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US Dollar Fails to Hold Post-Payrolls Gains Daily Update
December 5 2022US Dollar (USD) Unable to Rally despite Strong Jobs Data The US Dollar (USD) experienced volatility at the end of last week The non-farm payrolls … read more
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US Dollar Drops to Fresh Multi-Month Lows Daily Update
December 2 2022US Dollar (USD) Tumbles as Fed Set for Policy Slowdown The US Dollar (USD) plunged yesterday as markets continued to reprice the American currency … read more
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US Dollar Spikes then Slumps as Fed Signals Slower Rate Rises Daily Update
December 1 2022US Dollar (USD) Sheds Gains following Dovish Fed Comments The safe-haven US Dollar (USD) initially softened yesterday amid a risk-on market mood, … read more