Daily Update

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

• Pound Struggles as BoE-Driven Losses Continue Daily Update

  November 8 2021

  Pound (GBP) Dips as BoE-Driven Losses Persist The Pound (GBP) continued to slide on Friday as the Bank of England’s (BoE) decision to leave … read more

• Pound Plummets as BoE Leaves Interest Rates at Record Low Daily Update

  November 5 2021

  Pound (GBP) Nosedives as BoE Keeps Bank Rate on Hold  The Pound (GBP) plunged yesterday after the Bank of England (BoE) shocked … read more

• Pound Rallies as Service Sector Growth Fuels BoE Rate Hike Expectations Daily Update

  November 4 2021

  Pound (GBP) Climbs following Strong Services PMI The Pound (GBP) rallied yesterday after the UK’s services PMI beat expectations, indicating a … read more

• US Dollar Strengthens as Federal Reserve Policy Meeting Begins Daily Update

  November 3 2021

  Pound (GBP) Ticks Lower despite Fishing Row Respite The Pound (GBP) fell against many of its rivals yesterday as Brexit concerns continued to … read more

• Pound Hits Multi-Week Lows as Brexit Tensions Escalate Daily Update

  November 2 2021

  Pound (GBP) Slips as Brexit Tensions Rise The Pound (GBP) wavered yesterday, weakening overall, as Brexit concerns dented Sterling, despite … read more

• Pound Stumbles as Brexit Tensions Flare Daily Update

  November 1 2021

  Pound (GBP) Weakens as Brexit Worries Grow The Pound (GBP) fell against most of its peers on Friday afternoon amid rising Brexit tensions, with … read more

• Euro Spikes on ECB Rate Hike Bets Daily Update

  October 29 2021

  Pound (GBP) Mixed on UK’s Economic Outlook  The Pound (GBP) had mixed success yesterday, as the UK’s economic outlook faced … read more

• Pound Falls as Chancellor Unveils Autumn Budget Daily Update

  October 28 2021

  Pound (GBP) Slips on Autumn Budget and Brexit Concerns The Pound (GBP) lost ground yesterday, despite a fairly upbeat forecast from the Office … read more

• Pound Sheds Gains and US Dollar Rebounds as Market Sentiment Sours Daily Update

  October 27 2021

  Pound (GBP) Undermined as Sentiment Sours The Pound (GBP) trended higher against many of its rivals yesterday as UK Covid cases fell for the … read more

• Euro Stumbles as German Business Climate Falls to Six-Month Low Daily Update

  October 26 2021

  Pound (GBP) Mixed amid Lack of Data The Pound (GBP) had a mixed session yesterday, as a lack of UK data left Sterling open to movements in its … read more