Daily Update
Daily updates on how key currencies are performing in the currency markets.
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GBP Mixed on Persisting Brexit Issues and Vaccine Rollout, Pound US Dollar Gains Daily Update
February 9 2021Pound (GBP) Mixed as Exports Fall and UK-EU Tensions Rise The Pound (GBP) fluctuated at the start of the week as vaccine developments and … read more
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Euro to US Dollar Rallies from Two-Month Low as US Payrolls Disappoint Daily Update
February 8 2021Pound Steadies Following BoE Surge The Pound (GBP) remained mostly rangebound through the end of last week’s session, lacking any follow … read more
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Pound US Dollar Strikes Two-Week Low as Markets Await BoE Rate Decision Daily Update
February 4 2021GBP Directionless ahead of BoE, Pound US Dollar Slipping GBP exchange rates traded in a narrow range on Wednesday, while the Pound US Dollar … read more
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Euro US Dollar Plummets to Seven-Week Low on Eurozone Double-Dip Recession Fears Daily Update
February 3 2021Pound Flat as Coronavirus Remains in Focus The Pound (GBP) struggled to find momentum yesterday as domestic coronavirus developments left the … read more
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Euro to US Dollar Exchange Rate Tumbles to Two-Week Low in Cautious Trade Daily Update
February 2 2021Pound Steady on Coronavirus Optimism The Pound (GBP) edged higher on Monday, with the currency offered support by Boris Johnson’s optimism … read more
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Pound Euro Retreats on Upbeat German GDP Print Daily Update
February 1 2021Pound Subdued amidst Vaccine Row The Pound struggled to find momentum at the end of last week amidst an escalating row between the EU and UK … read more
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Pound US Dollar Finds Temporary Reprieve amid Rebound in Risk Appetite Daily Update
January 29 2021Pound Rallies as UK Vaccine Disruption Fears Dismissed The Pound stumbled in early trade yesterday, as Sterling sentiment suffered amidst … read more
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Euro to US Dollar Plunges on ECB Rate Cut Speculation, Pound Subdued Daily Update
January 28 2021Pound Muted as Schools in England to Remain Closed through February The Pound (GBP) opened yesterday’s session on a strong footing, amidst … read more
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Pound to US Dollar Rebounds on UK Wage Growth Figures and Improving Risk Sentiment Daily Update
January 27 2021GBP Exchange Rates Strengthen on Strong Wage Growth Figures, Pound to US Dollar Recovers to Highs Sterling trended higher on Tuesday, with the Pound … read more
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Pound US Dollar Exchange Rate Faces Setback as Concerns over Brexit Trade Friction Drag Daily Update
January 26 2021GBP Sidelined by Brexit Trade Friction, Pound US Dollar Dips GBP exchange rates traded in a narrow range at the start of this week’s session, but … read more