Daily Update

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

• US Dollar Slides following Dire Payrolls Data Daily Update

  October 11 2021

  Pound (GBP) Ticks Higher despite Energy Concerns The Pound (GBP) edged higher against many of its rivals on Friday, despite renewed concerns … read more

• Pound Firms as UK Energy Fears Ease Daily Update

  October 8 2021

  Pound (GBP) Edges Higher as Energy Worries Ease  The Pound (GBP) firmed against most of its rivals yesterday as the UK government said it … read more

• Pound Pressured as High UK Inflation Begins to Bite Daily Update

  October 7 2021

  Pound (GBP) Downbeat as Cost Pressures Mount The Pound (GBP) was subdued yesterday amid news that two-thirds of UK manufacturers expect to raise … read more

• Pound Rangebound as Positive Services PMI Comes with Caveats Daily Update

  October 6 2021

  Pound (GBP) Muted amid Mixed PMI The Pound (GBP) wavered in a narrow range yesterday as the UK’s better-than-expected services PMI came with … read more

• Pound Continues Recovery as Military Fuel Tanker Drivers Deployed Daily Update

  October 5 2021

  Pound (GBP) Continues Recovery as Army Drivers Deliver Fuel The Pound (GBP) firmed yesterday as the UK’s fuel crisis continued to improve, with … read more

• Pound Regains Ground as Manufacturing PMI Beats Forecasts Daily Update

  October 4 2021

  Pound (GBP) Gains as PMI Beats Forecasts The Pound (GBP) firmed against many of its rivals on Friday, despite concerns that the supply chain … read more

• Pound Bounces off Multi-Month Lows as Fuel Supplies Stabilise Daily Update

  October 1 2021

  Pound (GBP) Edges Higher as Fuel Crisis Eases  The Pound (GBP) staged a modest recovery yesterday as the UK’s fuel crisis showed … read more

• US Dollar Surges to Multi-Month Highs amid Bleak Market Mood Daily Update

  September 30 2021

  Pound (GBP) Dented as More Energy Firms Fold  The Pound (GBP) continued falling against most of its major rivals yesterday as the … read more

• Pound Plunges to Multi-Month Lows amid UK Supply Chain Crisis Daily Update

  September 29 2021

  Pound (GBP) Plummets as Supply Chain Woes Grow  The Pound (GBP) slumped yesterday, hitting a two-month low against the Euro (EUR) … read more

• Pound Strengthens as BoE’s Bailey Reiterates Hawkish Stance Daily Update

  September 28 2021

  Pound (GBP) Strengthens on Rate Hike Expectations  The Pound (GBP) firmed yesterday, as last week’s Bank of England (BoE) policy decision, … read more