Daily Update

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

• Pound Tumbles as UK CPI Fuels Cost-of-Living Fears Daily Update

  May 19 2022

  Pound (GBP) Falls following UK Inflation The Pound (GBP) slid during yesterday’s session after UK inflation jumped from 7% to a 40-year high of … read more

• Pound Surges Higher on Strong UK Labour Market Report Daily Update

  May 18 2022

  Pound (GBP) Climbs on Positive Jobs Data  The Pound (GBP) jumped higher yesterday, hitting two-week highs against the US Dollar (USD) and … read more

• Pound, Euro and US Dollar Waver ahead of Key Data Releases Daily Update

  May 17 2022

  Pound (GBP) Wavers amid Shifting Market Mood The Pound (GBP) initially fell at the start of yesterday’s session A bearish tone following poor … read more

• Pound and Euro Subdued amid Political and Economic Headwinds Daily Update

  May 16 2022

  Pound (GBP) Muted as Economic Concerns Continue The Pound (GBP) fell against many of its peers on Friday as UK economic headwinds continued to … read more

• Euro Slides as Russia-Ukraine Crisis Intensifies Daily Update

  May 13 2022

  Pound (GBP) Rebounds as Investors Buy the Dip The Pound (GBP) initially slipped yesterday after UK GDP unexpectedly contracted by 01% in March, … read more

• Pound Under Pressure as Northern Ireland Protocol Back in Focus Daily Update

  May 12 2022

  Pound (GBP) Pressured by Brexit Worries The Pound (GBP) was muted yesterday, moving down or sideways against its major rivals, as renewed Brexit … read more

• Pound, Euro and US Dollar Choppy amid Shifting Market Mood Daily Update

  May 11 2022

  Pound (GBP) Wavers as Income Crunch Fears Remain The Pound (GBP) wobbled yesterday as cost-of-living concerns kept the currency under … read more

• Pound and Euro Rise despite Choppy Trade Daily Update

  May 10 2022

  Pound (GBP) Recovery Undermined by BoE’s Saunders  The Pound (GBP) rose sharply yesterday, buoyed by some dip-buying and relief that Russian … read more

• Euro Rallies as Markets Price in ECB Rate Rise following Fed and BoE Daily Update

  May 9 2022

  Pound (GBP) Remains Muted following Post-BoE Plunge  The Pound (GBP) was subdued on Friday as the Bank of England’s (BoE) bleak economic … read more

• Pound in Freefall as BoE Forecasts Point to Stagflation Daily Update

  May 6 2022

  Pound (GBP) Tanks as BoE Decision Sets Alarm Bells Ringing  The Pound (GBP) plunged to multi-month lows yesterday after the Bank of … read more