Daily Update

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

• Pound Retreats as UK Covid Cases Hit Record High Daily Update

  December 20 2021

  Pound (GBP) Undermined by Record-High Infections  The Pound (GBP) fell against most of its rivals on Friday, despite the latest retail sales … read more

• Pound Strengthens on BoE’s Surprise Interest Rate Hike Daily Update

  December 17 2021

  Pound (GBP) Gains as BoE Raises Interest Rates  The Pound (GBP) jumped yesterday after the Bank of England (BoE) surprised markets by … read more

• US Dollar Slips despite Hawkish Fed Decision Daily Update

  December 16 2021

  Pound (GBP) Loses CPI Gains as Rate Hike Hopes Fade  The Pound (GBP) initially strengthened yesterday after the UK’s CPI printed at a … read more

• Pound Trudges Higher on Strong Jobs Data despite Omicron Concerns Daily Update

  December 15 2021

  Pound (GBP) Gains on UK Employment Report  The Pound (GBP) fluctuated yesterday but managed to gain ground overall as the latest UK jobs … read more

• Euro and US Dollar Gain amid Waning Risk Appetite Daily Update

  December 14 2021

  Pound (GBP) Buoyed by Booster-Shot Hopes  The Pound (GBP) initially firmed yesterday as GBP investors regained some … read more

• US Dollar Slides following Inflation Reading Daily Update

  December 13 2021

  Pound (GBP) Subdued following UK GDP Slowdown  The Pound (GBP) was fairly muted through Friday’s session after the UK’s latest GDP … read more

• US Dollar Gains as Market Mood Sours Daily Update

  December 10 2021

  Pound (GBP) Recovers amid Bargain-Hunting  The Pound (GBP) managed to firm yesterday, recovering some of its losses from Wednesday’s … read more

• Pound Tumbles as UK Implements Covid Plan B Daily Update

  December 9 2021

  Pound (GBP) Plunges amid Growing Covid Fears  The Pound (GBP) fell sharply through yesterday’s session amid reports that the UK government … read more

• US Dollar Rises against Pound and Euro despite Risk-On Mood Daily Update

  December 8 2021

  Pound (GBP) Slips as UK Covid Cases Rise  The Pound (GBP) weakened against the majority of its rivals yesterday as a lack of UK data left … read more

• US Dollar Weakens as Omicron Fears Ease Daily Update

  December 7 2021

  Pound (GBP) Slips following BoE Broadbent Comments  The Pound (GBP) initially firmed yesterday after the UK’s construction PMI … read more