Daily Update
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Today’s Currency News: Euro Rallies as ECB Expands its PEPP Scheme by €600bn Daily Update
June 5 2020Pound (GBP) Slips on Ongoing Brexit Concerns The Pound (GBP) was on the back foot through the majority of yesterday’s session, undermined by … read more
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Today’s Exchange Rate News: Pound Slips as BoE Warns Banks to Step Up Plans for a No-Deal Brexit Daily Update
June 4 2020Pound (GBP) Slips on BoE’s Brexit Warning to Banks The Pound (GBP) was on the back foot yesterday, with market concerns over Brexit resurfacing … read more
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GBP/AUD Exchange Rate Rangebound as Australia Reports Historic Slump in Retail Sales Daily Update
GBP/AUD Exchange Rate Flat on Australia Retail Sales Figures The Pound to Australian Dollar (GBP/AUD) exchange rate is rangebound this morning as … read more
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Today’s Currency News: US Dollar Sell-Off Grows as Trump Threatens Military Action Against US Protestors Daily Update
June 3 2020Pound (GBP) Upside Capped by Brexit Uncertainty The Pound (GBP) found modest gains yesterday as an upbeat market mood offered some support to the … read more
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Today’s Exchange Rate News: US Dollar nosedives as US Experiences Worst Civil Unrest Since 1968 Daily Update
June 2 2020Pound (GBP) Gains as Manufacturing PMI Meets Expectations The Pound (GBP) edged higher at the start of this week’s session in response to the … read more
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Today’s Exchange Rate News: US Dollar Fluctuates as US Revokes Hong Kong’s Preferential Treatment Daily Update
June 1 2020Pound (GBP) Muted on Ongoing Brexit Concerns The Pound (GBP) was mostly directionless at the end of last week’s session as the growing risk of a … read more
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Today’s Exchange Rate News: US Dollar Stumbles as US GDP Revised Down to New Decade Low Daily Update
May 29 2020Pound (GBP) Gains Despite Concerns for Brexit and Negative Interest Rates The Pound (GBP) crept higher on Thursday, strengthening in spite of … read more
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Today’s Currency News: Euro Surges as EU Proposes €750bn Coronavirus Recovery Fund Daily Update
May 28 2020Pound (GBP) Dented by No-Deal Brexit Fears The Pound (GBP) tumbled during yesterday’s trading session as revived fears of a no-deal Brexit took … read more
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Today’s Exchange Rate News: GBP/USD Surges to $1.23 as UK Set to Reopen Economy in June Daily Update
May 27 2020Pound (GBP) Rallies as UK Prepares to Reopen The Pound (GBP) punched higher during yesterday’s session, rallying on hopes that the UK economy … read more
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Today’s Currency News: Pound Fluctuates, US Dollar Responds to Shifting Risk Appetite Daily Update
May 26 2020Pound Fluctuates as UK Borrowing Surges At the close of last week UK government borrowing rose to its highest level on record in April, reflecting … read more