Daily Update

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

• Euro Bolstered as Analysts Predict Eurozone Will Avoid Recession Daily Update

  February 14 2023

  Pound (GBP) Supported by Upbeat Market Mood The Pound (GBP) strengthened on Monday, as a bullish market mood countered downbeat domestic … read more

• Euro Falters amid Escalation Fears in Russia-Ukraine Crisis Daily Update

  February 13 2023

  Euro (EUR) Slides amid Russia-Ukraine Concerns Worries about an escalation in the Russia-Ukraine conflict pushed the Euro (EUR) lower at the end of … read more

• US Dollar Drops as Risk Appetite Returns Daily Update

  February 10 2023

  US Dollar (USD) Stumbles amid Cheery Mood The safe-haven US Dollar (USD) faced some selling pressure early on in yesterday’s session, as a bullish … read more

• Pound Rises as Thinktank Says UK Will Avoid Recession Daily Update

  February 9 2023

  Pound (GBP) Firms following More Upbeat Economic Report The Pound (GBP) strengthened yesterday amid a slightly more upbeat outlook for the UK … read more

• Euro Stumbles after German Data Sparks Recession Fears Daily Update

  February 8 2023

  Euro (EUR) Slips amid German Recession Worries Poor German data put the Euro (EUR) under pressure from the start of yesterday’s … read more

• Pound Rallies on Hawkish BoE Comments Daily Update

  February 7 2023

  Pound (GBP) Rallies amid Hawkish ECB Speech The Pound (GBP) gained ground yesterday, following a hawkish speech from Bank of England (BoE) … read more

• US Dollar Rockets on Red-Hot Non Farm Payroll Data Daily Update

  February 6 2023

  Pound (GBP) Fluctuates as Investors Readjusted Rate Hike Expectations The Pound (GBP) fluctuated last Friday as investors continued to mull over the … read more

• Pound Slides and Euro Fluctuates following ECB and BoE Meetings Daily Update

  February 3 2023

  Pound (GBP) Drops as BoE Sets the Stage for Smaller Hikes The Pound (GBP) slid yesterday after the Bank of England (BoE) delivered a dovish interest … read more

• US Dollar Slumps after Fed Signals Policy Slowdown Daily Update

  February 2 2023

  US Dollar (USD) Plunges after Fed Decision The US Dollar (USD) softened yesterday as traders held back ahead of the Federal Reserve interest rate … read more

• Pound Stumbles as IMF Forecasts UK Recession Daily Update

  February 1 2023

  Pound (GBP) Rocked by UK Economic Gloom The Pound (GBP) suffered a bruising day yesterday after the International Monetary Fund (IMF) significantly … read more