Daily Update

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

• Pound Posts Gains despite Covid Fears Daily Update

  January 7 2022

  Pound (GBP) Shows Resilience despite Omicron Concerns  After initially stumbling, the Pound (GBP) managed to end yesterday’s session … read more

• US Dollar Reverses Losses following Hawkish FOMC Minutes Daily Update

  January 6 2022

  Pound (GBP) Slips as NHS Covid Pressures Mount  The Pound (GBP) fell against many of its rivals yesterday as surging Omicron cases piled … read more

• Pound Surges Higher on BoE Rate Hike Bets Daily Update

  January 5 2022

  Pound (GBP) Strengthens on BoE Rate Hike Bets  The Pound (GBP) surged higher through yesterday’s session, as bets for another Bank of … read more

• Pound Stumbles following NHS Chief’s Comments Daily Update

  January 4 2022

  Pound (GBP) Slips as Covid Optimism Wanes  The Pound (GBP) fell on Friday after Chris Hopson, CEO of NHS Providers, said that the UK must be … read more

• How did 2021 Impact the Currency Market? Daily Update

  December 31 2021

  Pound (GBP)   The Pound (GBP) started 2021 as one of the best performing major currencies due to Brexit trade deal relief and the … read more

• Pound Edges Higher despite Record High UK Daily Covid Cases Daily Update

  December 29 2021

  Pound (GBP) Steady as on Omicron Optimism The Pound (GBP) traded in a narrow range on Christmas Eve in thin market trade as a new UK government … read more

• Pound Jumps on Upbeat Omicron Data Daily Update

  December 24 2021

  Pound (GBP) Gains on Positive Omicron Research  The Pound (GBP) strengthened through yesterday’s session following upbeat data on the … read more

• US Dollar Tumbles as Market Risk Appetite Returns Daily Update

  December 23 2021

  Pound (GBP) Strengthens as UK Economy Closer to Pre-Pandemic Level   The Pound (GBP) firmed on Wednesday as the latest UK GDP data … read more

• Euro Undermined by Deteriorating Consumer Confidence as Omicron Cases Surge Daily Update

  December 22 2021

  Pound (GBP) Firms amid Increased Risk Appetite  The Pound (GBP) gained against many of its rivals yesterday as investors shrugged off … read more

• Pound Stumbles as UK Mulls Stricter Covid Measures Daily Update

  December 21 2021

  Pound (GBP) Rocked by Lockdown Rumours  The Pound (GBP) fell against many of its rivals yesterday as markets digested weekend reports that … read more