Daily Update

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

• Pound US Dollar Collapses to Six-Month Low amidst deteriorating UK Coronavirus Situation Daily Update

  July 21 2021

  Pound (GBP) Undermined by UK Coronavirus Concerns  The Pound (GBP) maintained a downward trajectory through yesterday’s trading session, … read more

• Pound US Dollar Tumbles to Five-Month Low amid UK Coronavirus Concerns Daily Update

  July 20 2021

  Pound (GBP) Slides on UK Lockdown Lifting  The Pound (GBP) struggled through yesterday’s session, as the UK’s ‘freedom day’ … read more

• Pound Slides as Covid Fears Grow ahead of UK Reopening Daily Update

  July 19 2021

  Pound (GBP) Slips as Daily Covid Cases Hit 51,000 The Pound (GBP) slipped against most of its major rivals on Friday as Covid concerns grew ahead … read more

• Pound Strengthens on Hawkish Remarks from BoE’s Saunders Daily Update

  July 16 2021

  Pound (GBP) Jumps on Hawkish BoE Comments  The Pound (GBP) strengthened yesterday after the BoE’s Michael Saunders … read more

• Pound Spikes as UK Inflation Hits Three-Year High Daily Update

  July 15 2021

  Pound (GBP) Upside Undermined by Coronavirus Concerns  The Pound (GBP) climbed yesterday after the UK inflation rate printed … read more

• US Dollar Soars as Inflation Skyrockets to 13-Year High Daily Update

  July 14 2021

  Pound (GBP) Undermined by BoE Warnings  The Pound (GBP) gained some ground against most of its major rivals … read more

• Pound Wavers on Cautious Tone ahead of UK Reopening Announcement Daily Update

  July 13 2021

  Pound (GBP) Dips and Rebounds ahead of Reopening Decision  The Pound (GBP) fell yesterday morning before rebounding in … read more

• Pound Ends the Week Strong despite Disappointing GDP Daily Update

  July 12 2021

  Pound (GBP) Climbs despite Slowdown in GDP  The Pound (GBP) firmed on Friday, despite the UK’s GDP missing forecasts of 15% … read more

• Euro Hits Three-Week High against the Pound as ECB Alters Inflation Target Daily Update

  July 9 2021

  Pound (GBP) Dips amid Lack of Data  The Pound (GBP) dipped against most of its rivals yesterday, as a lack of UK … read more

• US Dollar Firms despite Dovish FOMC Meeting Minutes Daily Update

  July 8 2021

  Pound (GBP) Rudderless amid Lack of Data  The Pound (GBP) traded in a wide range yesterday, struggling to hold onto any … read more