Daily Update

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

• Euro Stumbles as Eurozone Reports Record Trade Deficit Daily Update

  March 21 2022

  Pound (GBP) Wavers as Market Mood Shifts  Amid a lack of UK economic data, the Pound (GBP) traded in relation to risk sentiment on Friday, with … read more

• Pound Plunges as BoE Hints at Slower Pace of Tightening Daily Update

  March 18 2022

  Pound (GBP) Slumps on BoE’s Dovish Hike  The Pound (GBP) initially firmed in the run-up to the Bank of England (BoE) interest rate decision … read more

• Pound Rises amid Reports of ‘Significant Progress’ in Peace Talks Daily Update

  March 17 2022

  Pound (GBP) Firms as Peace Plan Lifts Investors’ Spirits  The Pound (GBP) was somewhat muted yesterday morning, despite comments from Russian … read more

• Euro Tumbles following Dire German Data Daily Update

  March 16 2022

  Pound (GBP) Wobbles amid Mixed Jobs Report The Pound (GBP) struggled for a clear direction yesterday following some mixed jobs data While the … read more

• Pound and Euro Rise amid Russia-Ukraine Peace Talks Daily Update

  March 15 2022

  Pound (GBP) Rises amid Cautious Market Optimism The risk-sensitive Pound (GBP) wavered higher yesterday amid a cautiously optimistic market mood … read more

• Pound Rises as UK Economy Rebounds Daily Update

  March 14 2022

  Pound (GBP) Ticks Higher on Strong GDP Data  The Pound (GBP) found some success on Friday after UK GDP printed at 08% in January, well above … read more

• Euro Down despite Hawkish Surprise from the ECB Daily Update

  March 11 2022

  Pound (GBP) Stumbles as Russia-Ukraine Talks End in Impasse  The Pound (GBP) fell yesterday as sentiment in Europe soured following failed … read more

• Euro Extends Rally as European Markets Remain Upbeat Daily Update

  March 10 2022

  Pound (GBP) Rangebound as Risk Appetite Improves  The Pound (GBP) traded mostly sideways yesterday as a lack of UK economic data left Sterling … read more

• Euro Edges Higher on EU Bond Sale and Cautious Market Optimism Daily Update

  March 9 2022

  Pound (GBP) Wavers amid Fragile Ceasefire The Pound (GBP) fluctuated yesterday, trending sideways overall, amid a mixed market mood as besieged … read more

• Pound Wavers Lower amid Widespread Risk Aversion Daily Update

  March 8 2022

  Pound (GBP) Wobbles as Market Mood Shifts The Pound (GBP) wavered yesterday, heading lower against most of its peers, as a lack of UK data left … read more