Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US Dollar Rocked by Weak PPI and Missile Strike on Poland Daily Update
November 16 2022US Dollar (USD) Declines as Markets Continue to Trim Fed Expectations The US Dollar (USD) softened during yesterday’s session The latest US PPI … read more
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Pound Falls as Storm Clouds Gather over UK Economy Daily Update
November 15 2022Pound (GBP) Slips amid Warning Signs in Retail Sector Despite an initial uptick, the Pound (GBP) weakened overall yesterday The downside came as … read more
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US Dollar Ends Week on a Low amid Upbeat Market Mood Daily Update
November 14 2022US Dollar (USD) Extends Downside amid Cheery Trade The US Dollar (USD) continued its post-inflation fall on Friday as markets continued to pare back … read more
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US Dollar Nosedives as American Inflation Cools Daily Update
November 11 2022US Dollar (USD) Plunges amid Inflation Cooldown The US Dollar (USD) plummeted yesterday after US price pressures cooled more than expected Both … read more
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Pound Stumbles as Alarm Bells Ring over UK Economy Daily Update
November 10 2022Pound (GBP) Drops as UK Outlook Worsens The Pound (GBP) slid yesterday as downbeat news from UK businesses added to the country’s grim economic … read more
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US Dollar Slumps as Republicans Poised to Take Congress Daily Update
November 9 2022US Dollar (USD) Slides amid Midterm Elections The US Dollar (USD) tumbled yesterday amid the US midterm elections As analysts forecast sweeping … read more
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Pound Rallies, Euro Wobbles and US Dollar Drops Daily Update
November 8 2022Pound (GBP) Rebounds from Post-BoE Slump The Pound (GBP) rallied yesterday, recovering some of the losses it suffered last week after the Bank of … read more
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US Dollar Slides despite Strong Jobs Report Daily Update
November 7 2022US Dollar (USD) Drops as Traders Trim Fed Rate Rise Bets The US Dollar (USD) slumped during Friday’s trade after a decline in year-on-year wage … read more
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Pound Plummets as BoE Predicts Two-Year Recession Daily Update
November 4 2022Pound (GBP) Tanks as BoE Says UK in Recession The Pound (GBP) slumped yesterday as the Bank of England (BoE) delivered a jumbo interest rate rise of … read more
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US Dollar Zigzags Higher as Fed Signals Further Rate Rises Daily Update
November 3 2022US Dollar (USD) Jumps as Fed Hints at More Rate Hikes After initially softening, the US Dollar (USD) managed to recoup some losses yesterday … read more