Daily Update

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

• Euro and US Dollar Knocked by Abysmal PMI Releases Daily Update

  July 25 2022

  Pound (GBP) Dented by Weak Retail Sales The Pound (GBP) was placed on the defensive at the end of last week, after UK retail sales were shown to … read more

• Pound US Dollar Exchange Rate Softens amid Mixed UK Data Daily Update

  July 22 2022

  Pound US Dollar Exchange Rate Slips amid Troubling Economic Uncertainty The Pound US Dollar (GBP/USD) exchange rate is weakening today as inflation … read more

• Euro Volatile as ECB Raises Rates by 0.5% Daily Update

  Pound (GBP) Falls amid Worrying Public Finance Figures The Pound (GBP) fell sharply at the start of yesterday’s session following the latest … read more

• Euro Wobbles amid Gas Supply Fears and ECB Rate Rise Bets Daily Update

  July 21 2022

  Euro (EUR) Wavers Lower amid Gas Supply Fears The Euro (EUR) fluctuated yesterday, trending lower overall, as gas supply fears undermined the single … read more

• Euro Leaps on Prospect of 0.5% Rate Rise from the ECB Daily Update

  July 20 2022

  Euro (EUR) Jumps amid Rumours of a 05% ECB Hike The Euro (EUR) surged higher at the start of yesterday’s session amid reports that the European … read more

• Pound and Euro Rise as US Dollar Retreat Continues Daily Update

  July 19 2022

  Pound (GBP) Gains as BoE Policymaker Boosts Rate Rise Bets The Pound (GBP) strengthened yesterday off the back of some hawkish comments from … read more

• US Dollar Retreats as Fed Pushes Back on 1% Rate Rise Daily Update

  July 18 2022

  Pound (GBP) Slips amid Ongoing Political Instability The Pound (GBP) fell against the majority of its peers on Friday as the political uncertainty … read more

• US Dollar Rises on Possibility of a 1% Fed Rate Rise Daily Update

  July 15 2022

  US Dollar (USD) Climbs on Rate Rise Bets and Risk-Off Mood The US Dollar (USD) strengthened yesterday as Wednesday’s hot inflation rate reading … read more

• US Dollar Jumps as US Inflation Rockets Higher Daily Update

  July 14 2022

  Pound (GBP) Fluctuates Following Upbeat GDP Figures The Pound (GBP) initially got off to a strong start yesterday Rallying on the back of the UK’s … read more

• EUR/USD Exchange Rate Continues to Test Parity Daily Update

  July 13 2022

  Pound (GBP) Slides amid Political Jitters The Pound (GBP) retreated against the majority of its peers yesterday Ongoing UK political uncertainty … read more