Daily Update

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

• Pound Stumbles amid UK Economic Concerns Daily Update

  June 6 2022

  Pound (GBP) Slides as UK Economic Outlook Darkens Again The Pound (GBP) faced heavy selling pressure last Wednesday as GBP investors worried about … read more

• Euro Stumbles despite Hot Inflation Rate Reading Daily Update

  June 1 2022

  Pound (GBP) Softens amid Worrying Lending Data The Pound (GBP) fluctuated yesterday, heading lower against its stronger peers, after some concerning … read more

• Euro Trends Higher as Inflation Readings Beat Forecasts Daily Update

  May 31 2022

  Pound (GBP) Softens amid Warnings for British Firms The Pound (GBP) edged lower against the majority of its peers yesterday amid warnings that … read more

• Pound and US Dollar Waver at Week’s End Daily Update

  May 30 2022

  Pound (GBP) Seesaws as Markets Mull Support Package The Pound (GBP) initially slipped on Friday but managed to recover some losses against its … read more

• 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