Daily Update

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

• Euro Soars Following Hawkish ECB Rate Hike Daily Update

  December 16 2022

  Euro (EUR) Climbs on ECB’s Hawkish Hike The Euro (EUR) strengthened against many of its peers during Thursday’s session, thanks to a fairly … read more

• US Dollar Sees Dramatic Swings Following Fed Interest Rate Decision Daily Update

  December 15 2022

  US Dollar (USD) Fluctuates on Fed Rate Decision After holding its ground through the European trading session, the US Dollar (USD) surged in an … read more

• US Dollar Nosedives as American Inflation Continues to Ease Daily Update

  December 14 2022

  US Dollar (USD) Slumps following Softer CPI The US Dollar (USD) crashed yesterday afternoon after US inflation slowed for the fifth consecutive … read more

• Pound Enjoys Recovery in UK GDP Daily Update

  December 13 2022

  Pound (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

• Pound Edges Up on UK Hopes Daily Update

  December 12 2022

  Pound (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

• US Dollar Declines as Risk Sentiment Improves Daily Update

  December 9 2022

  US 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

• Euro Undermined by Putin Comments Daily Update

  December 8 2022

  Euro (EUR) Trims Gains following Putin Warning The Euro (EUR) enjoyed early success yesterday after German industrial production and Eurozone GDP … read more

• Euro Lifted by Strong German Data Daily Update

  December 7 2022

  Euro (EUR) Rises on Positive German Data The Euro (EUR) firmed yesterday after a stronger-than-expected recovery in German factory orders Orders … read more

• US Dollar Rallies as Services PMI Beats Forecasts Daily Update

  December 6 2022

  US Dollar (USD) Jumps on Unexpectedly Strong Data The US Dollar (USD) surged higher yesterday after the ISM non-manufacturing PMI beat forecasts, … read more

• US Dollar Fails to Hold Post-Payrolls Gains Daily Update

  December 5 2022

  US 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