Daily Update

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

• Pound US Dollar Lacks Direction as BoE to Leave Rates on Hold for Some Time Daily Update

  March 19 2021

  Pound (GBP) Fluctuates on Mixed BoE Policy Statement Trade in the Pound (GBP) was mixed on Thursday, with the Pound US Dollar exchange rate … read more

• Pound US Dollar Surges as Dovish Fed Prompts Sharp Losses in USD Daily Update

  March 18 2021

  Pound (GBP) Slips on Vaccine Shortage Warning The Pound (GBP) ticked lower during yesterday’s session after the NHS warned it is facing a … read more

• Pound US Dollar Fluctuates amid Vaccine Concerns ahead of FOMC Rate Decision Daily Update

  March 17 2021

  Pound (GBP) Fluctuates amid Vaccine Uncertainty The Pound (GBP) got off to a poor start on Tuesday, with the currency plummeting to multi-week … read more

• Pound US Dollar (GBP/USD) Exchange Rate Tumbles Ahead of Federal Reserve and BoE Decisions Daily Update

  March 16 2021

  Pound US Dollar Exchange Rate Struggles to Hold as Key Central Bank Decisions Anticipated  In what could be a key week for the Pound US … read more

• Pound US Dollar Slumps to One-Week Low as US Yields Continue to Rise Daily Update

  Pound (GBP) Flat as EU Legal Action Offsets Vaccine Hopes The Pound (GBP) was mostly rangebound through yesterday’s trading session despite … read more

• GBP/USD Exchange Rate Tumbles as Soaring US Treasury Yields Send US Dollar Skyward Daily Update

  March 15 2021

  Pound (GBP) Slips as Data Highlights Massive Slump in Trade with the EU The Pound (GBP) was on the defensive at the end of last week’s session … read more

• Pound Euro Exchange Rate Strengthens After ECB Pledge to Accelerate Bond-Buying Programme Daily Update

  March 12 2021

  GBP Steady ahead of GDP Release, Pound Euro Exchange Rate Firms The Pound lacked any strong directional bias on Thursday, with movement in the UK … read more

• Pound US Dollar Rallies as US Core Inflation Prints Below Expectations, EUR/USD Recovers Losses Daily Update

  March 11 2021

  Pound (GBP) Steady on Vaccine Progress Trade in the Pound (GBP) was stable yesterday as the currency continued to garner support from the success … read more

• EUR/USD Rebounds from Four-Month Low as US Treasury Yields Slide, Pound Firms Daily Update

  March 10 2021

  Pound (GBP) Buoyed by Vaccine Hopes The Pound (GBP) trended higher through yesterday’s trading session, with the UK’s vaccine success … read more

• Euro US Dollar Refreshes Three-Month Low amid Rising US Treasury Yields Daily Update

  March 9 2021

  Pound (GBP) Firms on Bailey Comments The Pound (GBP) enjoyed modest gains through yesterday’s trading session in response to comments from Bank … read more