Daily Update

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

• US Dollar Accelerates on Hawkish Fedspeak ahead of Powell’s Jackson Hole Speech Daily Update

  August 27 2021

  Pound (GBP) Subdued as Economic Concerns Mount  The Pound (GBP) was placed on the defensive yesterday, amidst growing concerns over the … read more

• Pound Side-lined by UK Supply Chain Fears Daily Update

  August 26 2021

  Pound (GBP) Muted amid Supply Chain Concerns  The Pound (GBP) was left mostly rangebound through yesterday’s trading session, as investors … read more

• Pound Muted as UK Coronavirus Cases Continue to Rise Daily Update

  August 25 2021

  Pound (GBP) Muted amidst Rise in Domestic Coronavirus Cases  The Pound (GBP) traded sideways through yesterday’s trading session, as a … read more

• Pound US Dollar Rallies from Six-Month Low as Market Mood Brightens Daily Update

  August 24 2021

  Pound (GBP) Firms in Optimistic Trade  The Pound (GBP) opened this week’s session on some strong footing, with the currency recouping a … read more

• Pound Drops to One-Month Low against US Dollar and Euro after UK Retail Sales Unexpectedly Contract Daily Update

  August 23 2021

  Pound (GBP) Subdued as Retail Sales Slump  The Pound (GBP) hit a one-month low against the Euro (EUR) and struggled against many of … read more

• Pound Slips to One-Month Low against US Dollar on UK Covid Concerns Daily Update

  August 20 2021

  Pound (GBP) Slips as Covid Cases Rise  The Pound (GBP) weakened against most of its rivals yesterday, hitting a one-month low … read more

• US Dollar Extends Winning Streak on Hawkish FOMC Minutes Daily Update

  August 19 2021

  Pound (GBP) Subdued as UK Inflation Slows  The Pound (GBP) was mostly muted through yesterday’s trading session, following the … read more

• US Dollar Hits Three-Week High Against the Pound on Souring Market Sentiment Daily Update

  August 18 2021

  Pound (GBP) Muted amid Post-Furlough Concerns The Pound (GBP) softened against many of its major rivals yesterday, despite unemployment dropping … read more

• US Dollar Ticks Higher following Weak Chinese Data Daily Update

  August 17 2021

  Pound (GBP) Mixed amid Lack of Data  The Pound (GBP) fluctuated through yesterday’s session, as an absence of UK data saw Sterling … read more

• US Dollar Slumps as Consumer Confidence Hits Near 10-Year Low Daily Update

  August 16 2021

  Pound (GBP) Wavers amid Lack of Data  The Pound (GBP) fluctuated on Friday, softening against many of its rivals overall, as a … read more