While playing with new f-strings in the recent Python 3.6 release, I've noticed the following:
We create a foo variable with value bar:
>>> foo = 'bar'
Then, we declare a new variable, which is our f-string, and it should take foo to be formatted:
>>> baz = f'Hanging on in {foo}'
Ok, all going fine and then we call baz to check its value:
>>> baz
'Hanging on in bar'
Let's try to change the value of foo and call baz again:
>>> foo = 'spam'
>>> baz
'Hanging on in bar'
Shouldn't it be dynamic? Why does this happen? I thought the f-string would update if the value of foo changed, but this didn't happened. I don't understand how this works.
The f-string has already been evaluated when you executed:
>>> baz = f'Hanging on in {foo}'
Specifically, it looked up the value for the name foo and replaced it with 'bar', the value that was found for it. baz then contains the string after it has been formatted. 
f-strings aren't constant; meaning, they don't have a replacement field inside them waiting for evaluation after being evaluated. They evaluate when you execute them, after that, the assigned value is just a normal string:
>>> type(f'hanging on in {foo}')
<class 'str'>
For reference, see the section on Formatted String Literals:
[..] While other string literals always have a constant value, formatted strings are really expressions evaluated at run time. [..]
After the expression (the look-up for the replacement field and its consequent formatting) is performed, there's nothing special about them, the expression has been evaluated to a string and assigned to baz. 
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