Daily Update

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

• Euro Hits Monthly Highs against the Pound and US Dollar on Fall in Eurozone Unemployment Daily Update

  September 2 2021

  Pound (GBP) Dented by Downbeat Manufacturing PMI  The Pound (GBP) struggled in yesterday’s session, after the UK’s finalised … read more

• Pound Struggles as the UK Economy Continues to Show Signs of Slowing Down Daily Update

  September 1 2021

  Pound (GBP) Dented by Drop in Consumer Credit  The Pound (GBP) fluctuated yesterday, trending lower against most major rivals overall, … read more

• US Dollar Tumbles as Powell Remains Coy on Tapering Timeline Daily Update

  August 31 2021

  Pound (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

• 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