Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound Struggles to Hold Gains as Market Mood Sours Daily Update
October 13 2021Pound (GBP) Struggles to Hold Gains from Strong Jobs Data The Pound (GBP) climbed at the start of yesterday’s session, as strong employment … read more
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Pound Stumbles on UK Supply Chain and Inflation Fears Daily Update
October 12 2021Pound (GBP) Slips on UK Economic Woes The Pound (GBP) experienced some selling pressure yesterday, as concerns over the UK’s economic outlook … read more
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US Dollar Slides following Dire Payrolls Data Daily Update
October 11 2021Pound (GBP) Ticks Higher despite Energy Concerns The Pound (GBP) edged higher against many of its rivals on Friday, despite renewed concerns … read more
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Pound Firms as UK Energy Fears Ease Daily Update
October 8 2021Pound (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
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Pound Pressured as High UK Inflation Begins to Bite Daily Update
October 7 2021Pound (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
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Pound Rangebound as Positive Services PMI Comes with Caveats Daily Update
October 6 2021Pound (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
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Pound Continues Recovery as Military Fuel Tanker Drivers Deployed Daily Update
October 5 2021Pound (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
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Pound Regains Ground as Manufacturing PMI Beats Forecasts Daily Update
October 4 2021Pound (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
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Pound Bounces off Multi-Month Lows as Fuel Supplies Stabilise Daily Update
October 1 2021Pound (GBP) Edges Higher as Fuel Crisis Eases The Pound (GBP) staged a modest recovery yesterday as the UK’s fuel crisis showed … read more
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US Dollar Surges to Multi-Month Highs amid Bleak Market Mood Daily Update
September 30 2021Pound (GBP) Dented as More Energy Firms Fold The Pound (GBP) continued falling against most of its major rivals yesterday as the … read more