Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound US Dollar Rallies as US Core Inflation Prints Below Expectations, EUR/USD Recovers Losses Daily Update
March 11 2021Pound (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
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EUR/USD Rebounds from Four-Month Low as US Treasury Yields Slide, Pound Firms Daily Update
March 10 2021Pound (GBP) Buoyed by Vaccine Hopes The Pound (GBP) trended higher through yesterday’s trading session, with the UK’s vaccine success … read more
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Euro US Dollar Refreshes Three-Month Low amid Rising US Treasury Yields Daily Update
March 9 2021Pound (GBP) Firms on Bailey Comments The Pound (GBP) enjoyed modest gains through yesterday’s trading session in response to comments from Bank … read more
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Euro US Dollar Exchange Rate Plunges to Three-Month Low as US Payrolls Smash Expectations Daily Update
March 8 2021Pound (GBP) Muted on UK Coronavirus Statistics The Pound lacked any strong directional bias at the end of last week’s session amidst some mixed … read more
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Pound Euro Hits One-Week High on Dire Eurozone Retail Sales Figures, EUR/USD Slides ahead of US Payrolls Daily Update
March 5 2021GBP Exchange Rates Firm on Economic Hopes, Pound Euro Soars GBP exchange rates trended higher yesterday, with the Pound Euro exchange rate … read more
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Pound US Dollar Stuck at Key Barrier of Resistance as UK Budget Outlines Tax Hikes Daily Update
March 4 2021Pound (GBP) Firms in Response to Budget The Pound (GBP) ticked higher yesterday as GBP investors broadly welcomed Chancellor Rishi Sunak’s 2021 … read more
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Exchange Rate News: Pound US Dollar Holds in Narrow Range as Investors Await UK Budget Statement Daily Update
March 3 2021Pound (GBP) Flat Ahead of UK Budget The Pound traded in a narrow range through yesterday’s session, as investors were reluctant to make any … read more
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Pound US Dollar Extends Slide as USD Bolstered by US Stimulus Hopes Daily Update
March 2 2021Pound (GBP) Muted amid Tax Hike Speculation The Pound was mostly flat yesterday, amidst speculation that Chancellor Rishi Sunak’s upcoming … read more
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Pound US Dollar Plunges as Souring Market Mood Bolsters USD Exchange Rates Daily Update
March 1 2021Pound (GBP) Slips amid Profit Taking The Pound continued to retreat on Friday as the currency continued to suffer as a result of investors … read more
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Euro to US Dollar Surges as Eurozone Economic Sentiment Soars to 11-Month High Daily Update
February 26 2021Pound (GBP) Muted as Correction Continues The Pound fell back during yesterday’s trading session as the currency continued to suffer a … read more