Daily Update

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

• Pound Falls following Dovish BoE Comments Daily Update

  December 6 2021

  Pound (GBP) Drops on Dovish BoE Comments  The Pound (GBP) dropped sharply on Friday afternoon following some dovish comments from Bank … read more

• Pound Strengthens as UK Vaccine Industry Gets a Boost Daily Update

  December 3 2021

  Pound (GBP) Gains as Vaccine-Making Investment Announced  The Pound (GBP) caught some bids yesterday amid positive investment news for the … read more

• Pound and Euro Waver on Mixed Manufacturing PMIs Daily Update

  December 2 2021

  Pound (GBP) Wobbles on Mixed PMI  The Pound (GBP) wavered yesterday, trending sideways overall, as the UK’s final manufacturing … read more

• US Dollar Volatile as Markets Remain Jumpy due to New Covid Variant Daily Update

  December 1 2021

  Pound (GBP) Softens amid Lack of Data  The Pound (GBP) fell through yesterday’s session as a lack of UK data left Sterling … read more

• Pound Mixed, Euro Firms and US Dollar Rebounds as Markets React to Omicron Daily Update

  November 30 2021

  Pound (GBP) Mixed as Brexit Offsets Positive Data  The Pound (GBP) was mixed yesterday, despite consumer credit rising to £07bn last month, … read more

• Euro Rallies as New Omicron Variant Rattles Forex Markets Daily Update

  November 29 2021

  Pound (GBP) Gains despite Fishing Rights Row  The Pound (GBP) firmed against most of its rivals through Friday’s session, despite an … read more

• Australian Dollar Nosedives as New Covid Variant Spooks Markets Daily Update

  November 26 2021

  Pound (GBP) Slips as Brexit Fears Worry GBP Investors  The Pound (GBP) lost ground against many of its rivals yesterday as concerns over the … read more

• US Dollar Surges as Fed Ready to Raise Rates Daily Update

  November 25 2021

  Pound (GBP) Mixed as Factory Orders Surge  The Pound (GBP) limited its losses during Wednesday’s session after the Confederation of … read more

• Euro Rallies as Eurozone PMIs Beat Forecasts Daily Update

  November 24 2021

  Pound (GBP) Slips as UK Businesses Hit by Record High Costs  The Pound (GBP) weakened on Tuesday as UK PMI data for … read more

• US Dollar Jumps after Powell Reappointed as Fed Chair Daily Update

  November 23 2021

  Pound (GBP) Ticks Lower on BoE Comments and Brexit Concerns  The Pound (GBP) slipped lower through yesterday’s session as cautious … read more