Daily Update

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

• Euro Extends Decline to Multi-Year Lows as War Rages on in Ukraine  Daily Update

  March 3 2022

  Pound (GBP) Ticks Higher as Risk Appetite Improves  The Pound (GBP) rose from multi-month lows yesterday as Sterling attracted some … read more

• Pound and Euro Fall as Huge Armoured Convoy Heads for Kyiv Daily Update

  March 2 2022

  Pound (GBP) Softens as Russian Convoy Approaches Kyiv The Pound (GBP) trended lower against most of its peers yesterday as Russian forces bore … read more

• Euro Claws Back Some Losses as Russia-Ukraine Negotiations Begin Daily Update

  March 1 2022

  Pound (GBP) Muted amid Lack of Data The Pound (GBP) was subdued yesterday as a lack of UK economic data left Sterling vulnerable to … read more

• US Dollar Set to Rally on Safe-Haven Demand as Russian Aggression Escalates Daily Update

  February 28 2022

  Pound (GBP) Falls as Markets Calm The Pound (GBP) struggled at the end of last week but recovered some of its recent losses against the US … read more

• US Dollar Skyrockets as Russian Invasion of Ukraine Rattles Markets Daily Update

  February 25 2022

  Pound (GBP) Plunges amid Market Selloff The Pound (GBP) weakened sharply yesterday, amid the sharp market selloff triggered by Russia’s … read more

• US Dollar Soars as Russia Launches Invasion of Ukraine  Daily Update

  February 24 2022

  Pound (GBP) Pressured amid Ukraine Crisis and BoE Commentary  The Pound (GBP) tumbled yesterday as analysts believe Russia is on the brink … read more

• Euro Recovers from Russian Incursion on Strong German Data  Daily Update

  February 23 2022

  Pound (GBP) Slips as Russia Moves into Eastern Ukraine  The Pound (GBP) tumbled yesterday amid fears that the Russia-Ukraine crisis could … read more

• Pound Sheds Post-PMI Gains as Russia-Ukraine Tensions Rise  Daily Update

  February 22 2022

  Pound (GBP) Wavers amid Strong PMI and Russia-Ukraine Worries  The Pound (GBP) initially rose yesterday after the UK’s services PMI … read more

• GBP/USD Exchange Rate Climbs amid Volatile Risk Attitude Daily Update

  February 21 2022

  The Pound US Dollar (GBP/USD) exchange rate climbed throughout last week despite a volatile risk attitude Tensions at the Ukraine-Russia border … read more

• US Dollar Firms on Hawkish Fed Comments Daily Update

  Pound (GBP) Wavers amid Market Volatility The Pound (GBP) fluctuated on Friday as the Russia-Ukraine crisis continued to cause volatility In … read more