Daily Update

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

• Euro Slides as Russia-Ukraine Crisis Intensifies Daily Update

  May 13 2022

  Pound (GBP) Rebounds as Investors Buy the Dip The Pound (GBP) initially slipped yesterday after UK GDP unexpectedly contracted by 01% in March, … read more

• Pound Under Pressure as Northern Ireland Protocol Back in Focus Daily Update

  May 12 2022

  Pound (GBP) Pressured by Brexit Worries The Pound (GBP) was muted yesterday, moving down or sideways against its major rivals, as renewed Brexit … read more

• Pound, Euro and US Dollar Choppy amid Shifting Market Mood Daily Update

  May 11 2022

  Pound (GBP) Wavers as Income Crunch Fears Remain The Pound (GBP) wobbled yesterday as cost-of-living concerns kept the currency under … read more

• Pound and Euro Rise despite Choppy Trade Daily Update

  May 10 2022

  Pound (GBP) Recovery Undermined by BoE’s Saunders  The Pound (GBP) rose sharply yesterday, buoyed by some dip-buying and relief that Russian … read more

• Euro Rallies as Markets Price in ECB Rate Rise following Fed and BoE Daily Update

  May 9 2022

  Pound (GBP) Remains Muted following Post-BoE Plunge  The Pound (GBP) was subdued on Friday as the Bank of England’s (BoE) bleak economic … read more

• Pound in Freefall as BoE Forecasts Point to Stagflation Daily Update

  May 6 2022

  Pound (GBP) Tanks as BoE Decision Sets Alarm Bells Ringing  The Pound (GBP) plunged to multi-month lows yesterday after the Bank of … read more

• US Dollar Dips as Fed’s Powell Pushes Back on 75-bps Hike Daily Update

  May 5 2022

  Pound (GBP) Stumbles as UK Bans Services Exports to Russia The Pound (GBP) initially firmed yesterday, buoyed by an uptick in UK government bond … read more

• US Dollar Softens ahead of Expected Fed Rate Hike Daily Update

  May 4 2022

  Pound (GBP) Buoyed by Improving Market Mood The Pound (GBP) ticked broadly higher during yesterday’s session, with the currency benefitting … read more

• Euro Fluctuates in Response to Lacklustre Eurozone GDP, Economic Sentiment Releases  Daily Update

  May 3 2022

  Pound (GBP) Fluctuates amid Mixed Market Sentiment  The Pound (GBP) firmed on Friday’s session as a risk-on mood among European … read more

• US Dollar Refreshes Multi-Year Highs despite Risk-On Mood Daily Update

  April 29 2022

  Pound (GBP) Stumbles as UK Insolvencies Hit Ten-Year High  The Pound (GBP) initially rose yesterday, supported by an upbeat market mood However, … read more