Daily Update

Daily updates on how key currencies are performing in the currency markets.

• Domestic UK Issues Undermine the Pound Daily Update

  June 28 2022

  Pound (GBP) Volatile amid Domestic Troubles The Pound (GBP) fluctuated yesterday as domestic concerns offset a risk-on market mood Parliament … read more

• US Dollar Softens as Market Mood Recovers Daily Update

  June 27 2022

  Pound (GBP) Wobbles following Retail Sales Figures The Pound (GBP) fluctuated during Friday’s session as GBP investors reacted to the UK’s … read more

• Euro Plunges on Abysmal PMIs Daily Update

  June 24 2022

  Pound (GBP) Recovers from Early Slump The Pound (GBP) initially dropped yesterday as an increase in government borrowing and troubling PMI … read more

• Pound Recovers after Post-Inflation Fall Daily Update

  June 23 2022

  Pound (GBP) Rebounds from Post-CPI Slump The Pound (GBP) initially slipped yesterday after the UK’s latest inflation rate reading dampened Bank of … read more

• Pound Sterling Choppy as Train Strikes Offset Hawkish BoE Comments Daily Update

  June 22 2022

  Pound Sterling (GBP) Wavers Lower amid UK Rail Strikes The Pound (GBP) wobbled yesterday, ticking lower against its stronger peers, as recession … read more

• Pound, US Dollar and Euro Waver amid Thin Trading Conditions Daily Update

  June 21 2022

  Pound (GBP) Wobbles ahead of Major Data Releases The Pound (GBP) wavered yesterday as GBP investors took a breather after last week’s drama and … read more

• Pound Slips, US Dollar Firms on Global Recession Fears Daily Update

  June 20 2022

  Pound (GBP) Undermined by Souring Market Mood The Pound (GBP) initially rose on Friday as the Bank of England’s (BoE) hawkish hint of future rate … read more

• Pound Sterling Climbs to One-Week Highs following BoE Decision Daily Update

  June 17 2022

  Pound (GBP) Surges Higher as BoE Hints at Further Hikes The Pound (GBP) jumped yesterday, hitting one-week highs against many of its peers, after a … read more

• Euro and US Dollar Choppy amid ECB and Fed Meetings Daily Update

  June 16 2022

  Pound (GBP) Rebounds as Market Sentiment Improves The Pound (GBP) recovered from Tuesday’s slump yesterday as a rally in European markets … read more

• Pound Nosedives as UK Outlooks Grows More Uncertain Daily Update

  June 15 2022

  Pound (GBP) Plummets amid Strong Headwinds The Pound (GBP) tumbled yesterday, hitting multi-year lows against some of its peers, after worrying UK … read more