Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound plunges amid UK fiscal fears Daily Update
July 9 2025Pound (GBP) slumps amid debt anxiety The pound (GBP) faced notable headwinds yesterday as the Office for Budget Responsibility’s (OBR) latest … read more
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US dollar fluctuates as Trump announces new tariff deadline Daily Update
July 8 2025Pound (GBP) supported by backing for Reeves The pound (GBP) advanced at the start of the week, as Prime Minister Keir Starmer’s public endorsement … read more
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Pound dented by UK fiscal challenges Daily Update
July 7 2025Pound (GBP) slips as UK fiscal concerns mount The pound (GBP) edged lower at the end of last week as renewed worries about the UK’s economic … read more
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US dollar unable to hold post-payroll gains Daily Update
July 4 2025Pound (GBP) regains ground as Starmer backs Chancellor The pound (GBP) recouped some of Wednesday’s losses yesterday after Prime Minister Keir … read more
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Pound plummets on dovish BoE commentary Daily Update
July 3 2025Pound (GBP) pressured by dovish BoE remarks The pound (GBP) tumbled through Wednesday's session, after the Bank of England's (BoE) Alan Taylor … read more
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US dollar touches new three-year low as Senate votes on Trump tax bill Daily Update
July 2 2025Pound (GBP) unsure amid absence of data Movement in the pound (GBP) was uncertain yesterday as a lack of notable UK economic data left Sterling … read more
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US dollar subdued as Trump’s ‘Big Beautiful’ bill revives US debt concerns Daily Update
July 1 2025Pound (GBP) dips as real incomes decline The pound (GBP) weakened at the start of this week, despite confirmation that the UK economy was the … read more
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US dollar strengthens on US-China trade agreement optimism Daily Update
June 30 2025Pound (GBP) slips as investors book profits The pound (GBP) edged lower at the end of last week, with a lack of fresh UK data prompting some … read more
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US dollar hits three-year low amid Fed independence worries Daily Update
June 27 2025Pound (GBP) struggles for direction after BoE comments The pound (GBP) traded without a clear direction on Thursday following mixed signals from … read more
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US dollar undermined by Fed independence concerns Daily Update
June 26 2025Pound (GBP) drifts amid lack of UK data The pound (GBP) remained directionless on Wednesday, with the absence of any notable UK economic releases … read more