Daily Update

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

• Pound and Euro Jump as Peace Talks Show Progress Daily Update

  March 30 2022

  Pound (GBP) Rallies on Apparent Breakthrough in Peace Talks  The Pound (GBP) was initially subdued yesterday as lingering headwinds from Bank of … read more

• Pound Retreats on Dovish BoE Bailey Comments  Daily Update

  March 29 2022

  Pound (GBP) Undermined by Dovish BoE  The Pound (GBP) sank against its peers yesterday, as Bank of England (BoE) Governor Andrew Bailey gave … read more

• Pound Recovers after Retail Sales Slip Daily Update

  March 28 2022

  Pound (GBP) Recoups Post-Retail-Sales Losses  The Pound (GBP) initially fell on Friday after the UK’s latest retail sales data showed an … read more

• Pound Heads Lower as Analysts Scrutinise Spring Statement Daily Update

  March 25 2022

  Pound (GBP) Slips as Concerns Grow over Income Squeeze  The Pound (GBP) wavered lower yesterday as investors remained concerned over the UK’s … read more

• Pound Slides on UK CPI and Spring Statement Daily Update

  March 24 2022

  Pound (GBP) Tumbles as Cost-of-Living Squeeze Tightens  The Pound (GBP) fell sharply yesterday as soaring inflation stoked fears over … read more

• Pound Extends Recovery as Markets Reprice Rate Hikes Daily Update

  March 23 2022

  Pound (GBP) Soars as Traders Reposition The Pound (GBP) strengthened against the majority of its rivals yesterday as traders shrugged off last … read more

• Pound Rallies as Markets Reposition after Dovish BoE Daily Update

  March 22 2022

  Pound (GBP) Firms as Markets Move on from BoE Decision The Pound (GBP) initially dipped yesterday but managed to bounce back in the afternoon … read more

• Euro Stumbles as Eurozone Reports Record Trade Deficit Daily Update

  March 21 2022

  Pound (GBP) Wavers as Market Mood Shifts  Amid a lack of UK economic data, the Pound (GBP) traded in relation to risk sentiment on Friday, with … read more

• Pound Plunges as BoE Hints at Slower Pace of Tightening Daily Update

  March 18 2022

  Pound (GBP) Slumps on BoE’s Dovish Hike  The Pound (GBP) initially firmed in the run-up to the Bank of England (BoE) interest rate decision … read more

• Pound Rises amid Reports of ‘Significant Progress’ in Peace Talks Daily Update

  March 17 2022

  Pound (GBP) Firms as Peace Plan Lifts Investors’ Spirits  The Pound (GBP) was somewhat muted yesterday morning, despite comments from Russian … read more