Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound slumps as inflation falls ahead of Spring Statement Daily Update
March 26 2025Pound (GBP) muted by downbeat sales data The increasingly risk-sensitive pound (GBP) was mixed during yesterday’s session, as the cheery market … read more
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Pound strengthens as UK service sector growth jumps to seven-month high Daily Update
March 25 2025Pound (GBP) buoyed by strong service sector growth The pound (GBP) climbed higher yesterday as investors reacted positively to the UK’s latest PMI … read more
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US dollar firms amid cautious market mood Daily Update
March 24 2025Pound (GBP) pressured by rising UK borrowing The pound (GBP) struggled for support at the end of last week after UK public sector borrowing came in … read more
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US dollar recovers amid risk-off mood Daily Update
March 21 2025Pound (GBP) mixed amid BoE uncertainty The pound (GBP) was mixed yesterday as investors digested the Bank of England’s (BoE) interest rate … read more
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US dollar plunges to new multi-month low as Fed slashes US growth outlook Daily Update
March 20 2025Pound (GBP) steady ahead of BoE rate decision The pound (GBP) lacked clear direction on Wednesday, as investors remained cautious ahead of the Bank … read more
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US dollar fluctuates in anxious trade Daily Update
March 19 2025Pound (GBP) uncertain in absence of data The pound (GBP) moved without a clear trajectory yesterday amid a lack of UK economic data While GBP … read more
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Pound slips as OECD slashes UK 2025 growth forecast Daily Update
March 18 2025Pound (GBP) dips as UK growth outlook dims The pound (GBP) weakened on Monday after the Organisation for Economic Co-operation and Development … read more
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US dollar falters as consumer sentiment plunges to two-year low Daily Update
March 17 2025Pound (GBP) stumbles as UK economy shrinks The pound (GBP) closed last week on the back foot following underwhelming UK growth data The UK’s … read more
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US dollar rises amid gloomy trade Daily Update
March 14 2025Pound (GBP) muted amid ongoing lack of data The pound (GBP) was mixed yesterday as an ongoing lack of UK economic data left the currency without a … read more
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US dollar underpinned by cooling inflation Daily Update
March 13 2025Pound (GBP) muted amid BoE policy uncertainty The pound (GBP) traded sideways yesterday amid uncertainty over Bank of England (BoE) monetary … read more