Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US Dollar Rallies as Market Sentiment Sours Daily Update
September 13 2021Pound (GBP) Trades Sideways on Poor GDP The Pound (GBP) fluctuated on Friday, trading sideways overall against many of its peers amid … read more
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Euro Stumbles as ECB Slows Pace of Bond Purchases Daily Update
September 10 2021Pound (GBP) Strengthens on Hawkish BoE The Pound (GBP) surged yesterday, hitting a three-week high against the Euro (EUR), … read more
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Euro US Dollar Exchange Rate Slides to One-Week Low Ahead of ECB Rate Decision Daily Update
September 9 2021Pound (GBP) Dips amid Tax and Brexit Concerns The Pound (GBP) found little support on Wednesday as the appeal of the currency … read more
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Pound Slumps against Euro and US Dollar as UK Reveals Rise in National Insurance Contributions Daily Update
September 8 2021Pound (GBP) Dented by National Insurance Rise The Pound (GBP) slipped to a six-week low against the … read more
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Pound Struggles as UK Supply Chain Crisis Continues Daily Update
September 7 2021Pound (GBP) Pressured as Staff and Supply Issues Worsen The Pound (GBP) lost ground against most of its major rivals yesterday, as the … read more
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US Dollar Dented by Massive Non-Farm Payrolls Miss Daily Update
September 6 2021Pound (GBP) Regains Ground despite Services Slowdown The Pound (GBP) initially dipped during Friday’s session, but managed to … read more
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Pound Strengthens despite Increased Concern over the UK’s Supply Chain Daily Update
September 3 2021Pound (GBP) Firms despite Supply Chain Warnings The Pound (GBP) gained against many of its rivals yesterday, with no clear … read more
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Euro Hits Monthly Highs against the Pound and US Dollar on Fall in Eurozone Unemployment Daily Update
September 2 2021Pound (GBP) Dented by Downbeat Manufacturing PMI The Pound (GBP) struggled in yesterday’s session, after the UK’s finalised … read more
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Pound Struggles as the UK Economy Continues to Show Signs of Slowing Down Daily Update
September 1 2021Pound (GBP) Dented by Drop in Consumer Credit The Pound (GBP) fluctuated yesterday, trending lower against most major rivals overall, … read more
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US Dollar Tumbles as Powell Remains Coy on Tapering Timeline Daily Update
August 31 2021Pound (GBP) Muted on Economic Fears The Pound (GBP) remained side-lined at the end of last week’s session as rising coronavirus cases and … read more