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