Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound Euro Retreats from Two-Week High as Brexit Tensions Flare Daily Update
July 7 2021Pound (GBP) Dented on EU Warning The Pound (GBP) had mixed success in yesterday’s trading session, shedding its gains … read more
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Pound Strengthens on UK Reopening Hopes Daily Update
July 6 2021Pound (GBP) Firms on UK Reopening The Pound (GBP) firmed against many of its major rivals yesterday as the UK is on track to lift … read more
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US Dollar Retreats Despite US Payrolls Beating Expectations Daily Update
July 5 2021Pound (GBP) Rebounds against USD and EUR The Pound (GBP) bounced back against the US Dollar (USD) and the Euro (EUR) on … read more
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Pound Slips as BoE’s Bailey Defends Dovish Stance Daily Update
July 2 2021Pound (GBP) Dips on Dovish BoE Comments The Pound (GBP) lost ground yesterday, following dovish comments from the Bank of … read more
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Pound Undermined by Fears of Overinflation and Post-Furlough Unemployment Daily Update
July 1 2021Pound (GBP) Gains Capped by Inflation and Furlough Fears The Pound (GBP) spiked yesterday on positive Brexit news before relinquishing some of … read more
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US Dollar Strengthens amid Souring Market Mood Daily Update
June 30 2021Pound (GBP) Fluctuates amid Mixed Headlines The Pound (GBP) wavered through yesterday’s trading session, as a positive … read more
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Pound Dips despite Reopening Optimism, US Dollar Gains on Risk-Off Trade Daily Update
June 29 2021Pound (GBP) Weakens despite Reopening Optimism The Pound (GBP) dipped against most of its major rivals yesterday, despite … read more
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Pound Still Pressured by BoE Comments, US Dollar Rebounds on Jump in Treasury Yields Daily Update
June 28 2021Pound (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
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Pound Dips on Dovish BoE Comments, US Dollar Weakened by Lacklustre Data Daily Update
June 25 2021Pound (GBP) Falls following BoE Decision The Pound (GBP) dipped in yesterday’s session, after the Bank of England (BoE) maintained … read more
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Pound, US Dollar and Euro Rangebound amid Mixed PMIs and Coronavirus Concerns Daily Update
June 24 2021Pound (GBP) Flat following Mixed PMIs The Pound (GBP) traded mostly sideways yesterday, after mixed results from this month’s flash PMIs The … read more