Daily Update
Daily updates on how key currencies are performing in the currency markets.
-
Pound Slips despite UK Retail Sales Growth Daily Update
August 22 2022Pound (GBP) Falls as Retail Sales Report Fails to Cheer Investors The Pound (GBP) hit multi-week lows against some of its peers on Friday, despite … read more
-
Pound Stumbles as UK Strike Action Intensifies Daily Update
August 19 2022Pound (GBP) Muted as Strikes Continue The Pound (GBP) softened against many of its peers yesterday as fresh rail strikes added to the UK’s … read more
-
Pound Mixed as UK Inflation Hits Double Digits Daily Update
August 18 2022Pound (GBP) Undermined as Income Crunch Intensifies The Pound (GBP) initially rose yesterday after hotter-than-expected UK inflation increased the … read more
-
Pound Wavers Higher following Mixed Employment Report Daily Update
August 17 2022Pound (GBP) Firms amid BoE Rate Hike Bets The Pound (GBP) strengthened yesterday as the UK’s latest labour market report added to expectations … read more
-
US Dollar Strengthens as Sentiment Sours Daily Update
August 16 2022US Dollar (USD) Firms amid Risk-Averse Trade The US Dollar (USD) strengthened through the first part of yesterday’s trade as worries about … read more
-
Pound Falters following Contraction in UK GDP Daily Update
August 15 2022Pound (GBP) Weakens as UK Economy Contracts The Pound (GBP) fell on Friday as new data revealed a contraction in the UK economy Month on month, … read more
-
US Dollar Downturn Continues on PPI Miss Daily Update
August 12 2022US Dollar (USD) Slips as Monthly PPI Falls The US Dollar (USD) declined yesterday amid fresh evidence that inflation is cooling in America The US … read more
-
US Dollar Plummets after American Inflation Falls Daily Update
August 11 2022US Dollar (USD) Nosedives amid Cooling US Inflation The US Dollar (USD) plunged across the board yesterday after US inflation dropped from 91% to … read more
-
US Dollar Softens as Markets Brace for American Inflation Data Daily Update
August 10 2022US Dollar (USD) Slips ahead of US Inflation The US Dollar (USD) wavered lower during yesterday’s session as a mixed market mood left the … read more
-
Riskier Currencies Rise as Market Mood Recovers Daily Update
August 9 2022Pound (GBP) Licks Wounds following Last Week’s Sell-Off The Pound (GBP) had mixed success yesterday, slipping against its riskier peers but rising … read more