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The Swiss Franc (CHF) fell against a strengthening Pound Sterling (GBP) on Thursday after risk sentiment improved on the back of strong global macroeconomic data, in particular data from the United Kingdom (UK).
The Pound Sterling (GBP) searches for a potential cushion after Tuesday’s intense breakdown.
It was a back-and-forth year for the Canadian Dollar (CAD), kicking off 2023 with opening bids near 1.3550 against the US Dollar (USD), and the USD/CAD spent most of the year rattling between 1.3000 and 1.3900.
The Euro (EUR) remains steady near recent highs on the last trading day of the Year, moving above 1.1050 after Wednesday´s pullback from the 1.1135 high.
The Australian Dollar (AUD) moves upward on Wednesday on improved risk appetite while the US Dollar (USD) could show signs of weakness in the speculation on a dovish stance of the Federal Reserve (Fed) on interest rates.