Daily Update

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

• Pound US Dollar Tumbles as UK Economic Data Shocks Markets, EUR Strengthens Daily Update

  January 25 2021

  Pound US Dollar Exchange Rate Tumbles on Dismal PMI Reading, GBP/EUR Slides The Pound suffered a sharp sell-off at the end of last week In … read more

• Pound US Dollar Dips from Two-Year High Despite UK Vaccination Progress Daily Update

  January 22 2021

  Pound US Dollar and Euro Rates Fluctuate as Lockdown Easing Hopes Dashed GBP exchange rates initially roared higher on Thursday, with the Pound US … read more

• Pound Hits New Highs Against Euro and US Dollar as Biden Inauguration Cheers Markets Daily Update

  January 21 2021

  Pound Hits New Highs vs Euro and US Dollar GBP exchange rates continued finding support through yesterday’s trading session, with the Pound … read more

• EUR/USD Rallies Ahead of Biden Inauguration, Pound Exchange Rates Strengthen Daily Update

  January 20 2021

  Pound Steady on UK Vaccination Optimism The Pound (GBP) traded robustly through yesterday’s trading session as GBP investors continued to be … read more

• GBP/USD Wobbles as Coronavirus Concerns Dominate Trade Sentiment, GBP/EUR Subdued Daily Update

  January 19 2021

  Pound (GBP) Muted as Coronavirus Remains in Focus The Pound (GBP) registered modest losses at the start of this week’s session amidst ongoing … read more

• Exchange Rate News and Forecast: GBP/USD Tumbles as Risk-Off Trade Prevails Daily Update

  January 18 2021

  Pound (GBP) Slips as UK GDP Contracts The Pound (GBP) was on the defensive at the end of last week’s session as markets reacted to the UK’s … read more

• Pound to US Dollar Holds Close to Two-Year High on Vaccination Optimism Daily Update

  January 15 2021

  Pound to US Dollar Near Two-Year High as UK Vaccinations Proceed at Strong Pace GBP exchange rates strengthened on Thursday, with the Pound to US … read more

• Pound to US Dollar Retreats from Two-Year High on Worrying Coronavirus Statistics Daily Update

  January 14 2021

  Pound (GBP) Extends Rally on Hawkish BoE The Pound (GBP) remained well supported through the first half of yesterday’s session, with Sterling … read more

• Pound to US Dollar Jumps Over Half a Cent as BoE Downplays Negative Rate Speculation Daily Update

  January 13 2021

  Pound to US Dollar and Euro Soars as BoE’s Bailey Plays Down Negative Rates The Pound (GBP) roared higher during yesterday’s trading session … read more

• Pound to US Dollar Plunges as Coronavirus Fears Drive Equity Selloff, GBP/EUR Steady Daily Update

  January 12 2021

  Pound to US Dollar Dented by Coronavirus Concerns, Before GBP Recovery Signs Today The Pound to US Dollar ticked lower at the start of this week, … read more