Daily Update

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

• Pound Slips as BoE’s Bailey Defends Dovish Stance Daily Update

  July 2 2021

  Pound (GBP) Dips on Dovish BoE Comments  The Pound (GBP) lost ground yesterday, following dovish comments from the Bank of … read more

• Pound Undermined by Fears of Overinflation and Post-Furlough Unemployment Daily Update

  July 1 2021

  Pound (GBP) Gains Capped by Inflation and Furlough Fears The Pound (GBP) spiked yesterday on positive Brexit news before relinquishing some of … read more

• US Dollar Strengthens amid Souring Market Mood Daily Update

  June 30 2021

  Pound (GBP) Fluctuates amid Mixed Headlines  The Pound (GBP) wavered through yesterday’s trading session, as a positive … read more

• Pound Dips despite Reopening Optimism, US Dollar Gains on Risk-Off Trade Daily Update

  June 29 2021

  Pound (GBP) Weakens despite Reopening Optimism  The Pound (GBP) dipped against most of its major rivals yesterday, despite … read more

• Pound Still Pressured by BoE Comments, US Dollar Rebounds on Jump in Treasury Yields Daily Update

  June 28 2021

  Pound (GBP) Still Pressured by BoE Comments The Pound (GBP) continued to slide on Friday, following the Bank of England’s (BoE) dovish policy … read more

• Pound Dips on Dovish BoE Comments, US Dollar Weakened by Lacklustre Data Daily Update

  June 25 2021

  Pound (GBP) Falls following BoE Decision  The Pound (GBP) dipped in yesterday’s session, after the Bank of England (BoE) maintained … read more

• Pound, US Dollar and Euro Rangebound amid Mixed PMIs and Coronavirus Concerns Daily Update

  June 24 2021

  Pound (GBP) Flat following Mixed PMIs The Pound (GBP) traded mostly sideways yesterday, after mixed results from this month’s flash PMIs The … read more

• Pound Climbs on Industrial Orders, US Dollar Declines as Treasury Yields Dip Daily Update

  June 23 2021

  Pound (GBP) Gains on CBI Order Book Balance The Pound (GBP) regained some ground yesterday, after dipping slightly overnight, following the … read more

• Pound Rallies ahead of BoE Decision, US Dollar Dips as Market Mood Improves Daily Update

  June 22 2021

  Pound (GBP) Climbs on BoE Expectations The Pound (GBP) rallied through yesterday’s session, buoyed by expectations of a hawkish shift in the … read more

• US Dollar Continues to Dominate, EUR/USD Refreshes Two-Month Low Daily Update

  June 21 2021

  Pound (GBP) Slips on Slump in Retail Sales The Pound (GBP) lost some ground against its peers on Friday, following a surprise drop in UK retail … read more