Daily Update

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

• Pound US Dollar Slumps to Six-Week Low as Skittish Trade Bolsters USD Demand Daily Update

  March 24 2021

  Pound (GBP) Dented by Vaccine Concerns The Pound struggled to attract support during yesterday’s trading session, with the currency continuing … read more

• Pound Euro Stumbles Following Warning UK Will ‘Feel Effects’ of Europe’s Coronavirus Resurgence Daily Update

  March 23 2021

  Pound (GBP) Stumbles as PM Warns UK Will ‘Feel Effects’ of Europe’s Third Wave The Pound got off to a poor start this week, retreating … read more

• Pound US Dollar Tumbles as USD Surges amid Coronavirus Concerns and US-China Tensions Daily Update

  March 22 2021

  Pound (GBP) Weakens as UK’s Vaccination Programme to Face Hurdles The Pound was on the back foot at the end of last week's session as the … read more

• 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