Author: Samuel Birnie

• US Dollar Rallies amid Widespread Risk Aversion Daily Update

  December 5 2023

  US Dollar (USD) Jumps amid Gloomy Trade The US Dollar (USD) strengthened during yesterday’s session Risk aversion swept markets, thereby boosting … read more

• Euro Weakens amid ECB Rate Cut Speculation Daily Update

  December 4 2023

  Euro (EUR) Extends Downside following Cooler CPI The Euro (EUR) ended a bruising week on the back foot as investors continued to price in a possible … read more

• Euro Plunges amid Cooler-than-Forecast Inflation Daily Update

  December 1 2023

  Euro (EUR) Tumbles as Eurozone Inflation Cools The Euro (EUR) plunged yesterday after the Eurozone’s latest consumer price index cooled more than … read more

• Pound South African Rand (GBP/ZAR) Exchange Rate Spikes to Two-Month High GBP to ZAR Pound Sterling (GBP)

  November 30 2023

  Pound South African Rand (GBP/ZAR) Exchange Rate Rises amid USD Strength The Pound South African Rand (GBP/ZAR) exchange rate is strengthening this … read more

• Euro Slumps following Softer-than-Forecast German Inflation Daily Update

  Euro (EUR) Falls as German Inflation Slows The Euro (EUR) weakened yesterday after Germany’s consumer price index revealed that inflation cooled … read more

• Pound New Zealand Dollar (GBP/NZD) Exchange Rate Plunges to Seven-Week Low following RBNZ Decision GBP to NZD Pound Sterling (GBP)

  November 29 2023

  Pound New Zealand Dollar (GBP/NZD) Exchange Rate Slumps as RBNZ Hints at Further Rate Hikes The Pound New Zealand Dollar (GBP/NZD) exchange rate … read more

• US Dollar Hits Multi-Month Lows as Market Mood Improves Daily Update

  US Dollar (USD) Slumps amid Cheery Trade The US Dollar (USD) declined yesterday after stronger-than-forecast US consumer confidence data cheered … read more

• Pound Euro (GBP/EUR) Exchange Rate Rallies amid Risk-On Mood Euro (EUR) GBP to EUR Pound Sterling (GBP)

  November 28 2023

  Pound Euro (GBP/EUR) Exchange Rate Climbs amid Increased Appetite for Risk (Updated 17:00, 28/11/23) The Pound Euro (GBP/EUR) exchange rate gained … read more

• Pound Euro Exchange Rate Breaks above €1.15 amid BoE Speculation Euro (EUR) GBP to EUR Pound Sterling (GBP)

  November 24 2023

  Pound Euro (GBP/EUR) Exchange Rate Strong as Markets Adjust Interest Rate Expectations The Pound Euro (GBP/EUR) exchange rate has wavered slightly … read more

• Pound Climbs amid Recovery in UK Service Sector Activity Daily Update

  Pound (GBP) Strengthens on Upbeat PMIs The Pound (GBP) rallied yesterday after the UK’s PMI surveys printed higher than expected The … read more