Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound weakens as services activity loses momentum Daily Update
January 7 2026Pound (GBP) eases after services PMI disappoints The pound (GBP) edged lower yesterday after the UK’s final services PMI for December fell short … read more
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US dollar rocked by US intervention in Venezuela Daily Update
January 6 2026Pound (GBP) finds backing after Starmer signals closer EU ties The pound (GBP) drew mild support during yesterday’s session after … read more
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Pound rallies following BoE’s hawkish rate cut Daily Update
December 19 2025Pound (GBP) lifted by hawkish BoE undertones The pound (GBP) advanced yesterday following the Bank of England’s (BoE) final policy decision of the … read more
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Pound slides amid softer UK inflation ahead of BoE decision Daily Update
December 18 2025Pound (GBP) tumbles after UK inflation undershoots The pound (GBP) fell sharply yesterday after the UK’s November consumer price index came in … read more
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Pound tumbles after inflation undershoots expectations Daily Update
December 17 2025Pound (GBP) jumps on upbeat releases before sharp reversal The pound (GBP) firmed yesterday even as UK unemployment climbed to a four-year high, … read more
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Pound holds steady ahead of busy week Daily Update
December 16 2025Pound (GBP) stable ahead of influx of key releases The pound (GBP) began the week trading steadily as markets positioned for a busy run of UK … read more
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Pound stumbles following shock contraction in UK GDP Daily Update
December 15 2025Pound (GBP) slips on disappointing UK GDP The pound (GBP) ended last week under pressure after the UK’s latest GDP release failed to meet … read more
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US dollar extends post-Fed losses as jobless claims surge Daily Update
December 12 2025Pound (GBP) undermined by dovish BoE bets The pound (GBP) faltered through Thursday’s trade as expectations of looming Bank of England (BoE) rate … read more
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US dollar sinks after Fed cuts rates Daily Update
December 11 2025Pound (GBP) unsettled amid volatile market mood The pound (GBP) saw erratic movement yesterday as the absence of UK data left Sterling at the mercy … read more
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Pound softens as BoE says budget could lower inflation Daily Update
December 10 2025Pound (GBP) loses traction amid muddled BoE signals The pound (GBP) edged lower yesterday as conflicting remarks from Bank of England (BoE) … read more