Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Euro under pressure as inflation cools further? Daily Update
February 4 2026Pound (GBP) directionless amid data drought The pound (GBP) struggled to find momentum on Tuesday as another quiet UK data calendar left Sterling … read more
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US dollar rebound continues amid market jitters Daily Update
February 3 2026Pound (GBP) supported by upbeat manufacturing PMI The pound (GBP) found modest support at the start of this week, following the publication of the … read more
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US dollar strengthens as Trump nominates new Fed Chair Daily Update
February 2 2026Pound (GBP) steady as BoE decision looms The pound (GBP) remained rangebound on Friday, with a continued lack of UK economic releases prompting GBP … read more
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US dollar rebounds from multi-year lows, will confirmation of Trump’s Fed pick extend the recovery? Daily Update
January 30 2026Pound (GBP) steady despite UK–China ties The pound (GBP) stayed locked in a tight range yesterday, with Sterling traders largely brushing off the … read more
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Euro slides after dovish signals from ECB Daily Update
January 29 2026Pound (GBP) directionless amid data drought The pound (GBP) lacked conviction yesterday, with an ongoing absence of economic releases leaving … read more
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US dollar sinks to fresh multi-year lows amid fading confidence in USD Daily Update
January 28 2026Pound (GBP) rangebound amid muted trading The pound (GBP) traded sideways on Tuesday, with a thin UK data schedule leaving Sterling without … read more
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US dollar plummets to multi-year lows on tariff and shutdown uncertainty Daily Update
January 27 2026Pound (GBP) rangebound amid Labour tensions The pound (GBP) traded in a narrow range yesterday in the absence of any notable UK economic … read more
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GBP/USD soars to six-month high as UK services PMI smashes forecasts Daily Update
January 26 2026Pound (GBP) surges on standout PMI reading The pound (GBP) ended last week’s session on a strong footing, and is currently trading at a six-month … read more
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EUR/USD strikes three-week high following Trump’s tariff climbdown Daily Update
January 23 2026Pound (GBP) slips despite encouraging figures The pound (GBP) drifted lower against most of its peers during yesterday’s session, with Sterling … read more
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Pound muted even as inflation tops expectations Daily Update
January 22 2026Pound (GBP) subdued despite stronger-than-expected inflation The pound (GBP) slipped against some counterparts yesterday after hotter-than-forecast … read more