Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound Ticks Lower as Markets Trim BoE Rate Rise Bets Daily Update
January 17 2023Pound (GBP) Stumbles amid Declining BoE Bets The Pound (GBP) softened yesterday as expectations of a more dovish approach from the Bank of England … read more
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Pound Recovers after Surprise GDP Growth Daily Update
January 16 2023Pound (GBP) Firms as GDP Exceeds Forecasts The Pound (GBP) rose on Friday after the UK’s latest GDP report beat forecasts In November, the … read more
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Euro Climbs and US Dollar Drops as Markets Reprice Central Bank Expectations Daily Update
January 13 2023Pound (GBP) Slides as BoE Rate Hike Bets Decline The Pound (GBP) fell yesterday as markets continued to rein in their expectations for Bank of … read more
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Euro Rises Again amid More Hawkish ECB Rhetoric Daily Update
January 12 2023Euro (EUR) Firms as Hawkish ECB Comments Continue The Euro (EUR) gained ground through yesterday’s session thanks to hawkish comments from two … read more
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Euro Marches Higher following Hawkish ECB Comments Daily Update
January 11 2023Euro (EUR) Enjoys Hawkish ECB Rhetoric The Euro (EUR) found some success during Tuesday’s trade European Central Bank (ECB) policymaker Isabel … read more
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US Dollar Declines amid Upbeat Mood Daily Update
January 10 2023US Dollar (USD) Extends Downside amid Risk-On Trade An improving market mood weighed on the safe-haven US Dollar (USD) yesterday In addition, … read more
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US Dollar Slumps as American Jobs Report Cheers Markets Daily Update
January 9 2023US Dollar (USD) Slides as Jobs Data Sparks Market Rally The safe-haven US Dollar (USD) tumbled on Friday after an upbeat US jobs report sparked a … read more
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US Dollar Soars following Stronger-than-Expected Jobs Data Daily Update
January 6 2023US Dollar (USD) Jumps as Jobs Data Beats Forecasts The US Dollar (USD) surged higher yesterday after strong US jobs data boosted expectations that … read more
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US Dollar and Euro Fall as Risk-On Mood Grips Markets Daily Update
January 5 2023Pound (GBP) Mixed amid Risk-On Mood The Pound (GBP) was mixed yesterday, rising against its safer peers but losing ground elsewhere amid a risk-on … read more
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Pound Fluctuates as UK Economists Predict Worst Recession among G7 Territories Daily Update
January 4 2023Pound (GBP) Fluctuates as UK Economic Forecasts Darken The Pound (GBP) saw mixed trade yesterday, with Sterling making gains against weaker … read more