Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Euro Declines as German Inflation Eases More than Forecast Daily Update
November 30 2022Euro (EUR) Slips as German Inflation Cools The Euro (EUR) fluctuated yesterday, ticking lower overall, despite a slightly stronger-than-forecast … read more
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US Dollar Regains Ground amid Anxious Market Mood Daily Update
November 29 2022US Dollar (USD) Recoups Losses amid Risk Aversion The safe-haven US Dollar (USD) weakened at the start of yesterday’s session, despite a risk-off … read more
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US Dollar Edges Higher, Pound and Euro Mixed Daily Update
November 28 2022US Dollar (USD) Ekes Out Modest Gains as Mood Sours The US Dollar (USD) rose on Friday, recovering some of its losses from the sell-off earlier in … read more
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Pound Strengthens as Markets Hope for Milder UK Recession Daily Update
November 25 2022Pound (GBP) Gains Ground amid Brighter UK Outlook The Pound (GBP) strengthened yesterday amid hopes of a milder UK recession following recent … read more
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US Dollar Nosedives following Dire PMIs and Fed Meeting Minutes Daily Update
November 24 2022US Dollar (USD) Tanks as Markets Readjust Interest Rate Expectations The US Dollar (USD) plummeted yesterday, declining by over 1% against many of … read more
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US Dollar Declines as Market Mood Improves Daily Update
November 23 2022US Dollar (USD) Falters as Risk Appetite Returns The US Dollar (USD) declined yesterday as a bullish impulse in markets saw traders shun the … read more
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US Dollar Climbs amid Widespread Risk Aversion Daily Update
November 22 2022US Dollar (USD) Firms as Caution Sweeps Markets The US Dollar (USD) marched higher yesterday as a gloomy market mood boosted the safe-haven … read more
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Pound Firms as UK Retail Sales Outpace Expectations Daily Update
November 21 2022Pound (GBP) Strengthens on Stronger Retail Sales Figures The Pound (GBP) closed last week’s session on a positive note following the publication … read more
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Pound Rocked by Release of UK’s Autumn Statement Daily Update
November 18 2022Pound (GBP) Sentiment Dented by Chancellor’s Statement The Pound (GBP) slumped in Thursday’s European session, as Chancellor Jeremy Hunt’s … read more
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Pound Volatile as UK Inflation Surges to 40-Year High Daily Update
November 17 2022Pound (GBP) Hit by Higher-Than-Expected Inflation The Pound (GBP) weakened against several peers in midweek trade New data revealed that UK … read more