Daily Update

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

• Euro Slips on Poor German Data and Gas Supply Fears Daily Update

  April 28 2022

  Pound (GBP) Subdued amid Mixed Sterling Sentiment The Pound (GBP) was mixed yesterday, finding some support as the weakened currency attracted … read more

• Pound Stumbles as Traders Rein in Rate Hike Bets Daily Update

  April 27 2022

  Pound (GBP) Remains Weak as Rate Hike Bets Fade The Pound (GBP) slipped yesterday as markets reined in Bank of England (BoE) rate hike bets due … read more

• Pound Remains Offered as UK Households Feel the Pinch Daily Update

  April 26 2022

  Pound (GBP) Extends Downside amid Income Crunch  The Pound (GBP) stumbled yesterday as the UK’s cost-of-living crisis continued to cause … read more

• Pound Tumbles as Cost-of-Living Crisis Hits Retail Sales Daily Update

  April 25 2022

  Pound (GBP) Plunges as Income Squeeze Begins to Choke UK Economy  The Pound (GBP) fell sharply on Friday after UK retail sales contracted by 14% … read more

• Pound, Euro and US Dollar Swing on Central Bank Speeches Daily Update

  April 22 2022

  Pound (GBP) Recoups Losses on Hawkish BoE Rhetoric  The Pound (GBP) was rocky yesterday as UK politics remains mired in the … read more

• Pound and Euro Volatile amid Choppy Trade Daily Update

  April 21 2022

  Pound (GBP) Fluctuates amid UK Political Uncertainty  The Pound (GBP) was volatile yesterday, ultimately slipping against the majority of its … read more

• Euro Rebounds as Macron Consolidates Lead in French Election Daily Update

  April 20 2022

  Pound (GBP) See-saws amid Lack of Data The Pound (GBP) fluctuated yesterday as a lack of UK data left Sterling without a clear direction A … read more

• Euro Plunges to Multi-Year Lows after ECB Decision Daily Update

  April 19 2022

  Pound (GBP) Slips in Absence of Data The Pound (GBP) fell against the majority of its peers on Thursday as a lack of UK economic data left … read more

• Pound Climbs as Soaring Inflation Stokes BoE Rate Hike Bets Daily Update

  April 14 2022

  Pound (GBP) Rises despite UK Inflation Fears The Pound (GBP) managed to strengthen yesterday after UK inflation exceeded forecasts The hot CPI … read more

• New Zealand Dollar Tumbles after RBNZ Rate Hike Daily Update

  April 13 2022

  Pound (GBP) Rocky amid Mixed Employment Report The Pound (GBP) was mixed yesterday, rising against the Euro (EUR) and the US Dollar (USD) but … read more