Daily Update

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

• Pound Wavers, Euro Firms, US Dollar Dips Daily Update

  May 27 2022

  Pound (GBP) Wavers as Markets Digest Sunak’s Support Package  The Pound (GBP) experienced some volatility yesterday after Rishi Sunak … read more

• Pound and US Dollar Waver amid Shifting Market Mood Daily Update

  May 26 2022

  Pound (GBP) Wobbles amid Political Uncertainty  The Pound (GBP) wavered yesterday as GBP investors reacted to the ‘partygate’ report … read more

• Pound Slumps on Service-Sector Slowdown Daily Update

  May 25 2022

  Pound (GBP) Slides following Services PMI Miss The Pound (GBP) plunged yesterday after the UK’s flash PMIs revealed a sharp slowdown in … read more

• Euro Jumps on Hawkish Comments from ECB’s Lagarde Daily Update

  May 24 2022

  Pound (GBP) Firms on BoE Bailey Remarks The Pound (GBP) posted modest gains yesterday after Bank of England (BoE) Governor Andrew Bailey said … read more

• Pound Gains following Surprise Rise in UK Retail Sales Daily Update

  May 23 2022

  Pound (GBP) Rises on Strong Retail Sales Report The Pound (GBP) firmed on Friday after UK retail sales unexpectedly increased by 14%, smashing … read more

• US Dollar Tumbles to Two-Week Lows on Economic Fears Daily Update

  May 20 2022

  Pound (GBP) Posts Gains despite Bearish Trade  The Pound (GBP) was mixed yesterday, rising against its weaker rivals amid a strong pickup in … read more

• Pound Tumbles as UK CPI Fuels Cost-of-Living Fears Daily Update

  May 19 2022

  Pound (GBP) Falls following UK Inflation The Pound (GBP) slid during yesterday’s session after UK inflation jumped from 7% to a 40-year high of … read more

• Pound Surges Higher on Strong UK Labour Market Report Daily Update

  May 18 2022

  Pound (GBP) Climbs on Positive Jobs Data  The Pound (GBP) jumped higher yesterday, hitting two-week highs against the US Dollar (USD) and … read more

• Pound, Euro and US Dollar Waver ahead of Key Data Releases Daily Update

  May 17 2022

  Pound (GBP) Wavers amid Shifting Market Mood The Pound (GBP) initially fell at the start of yesterday’s session A bearish tone following poor … read more

• Pound and Euro Subdued amid Political and Economic Headwinds Daily Update

  May 16 2022

  Pound (GBP) Muted as Economic Concerns Continue The Pound (GBP) fell against many of its peers on Friday as UK economic headwinds continued to … read more