Daily Update
Daily updates on how key currencies are performing in the currency markets.
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GBP/USD soars to six-month high as UK services PMI smashes forecasts Daily Update
January 26 2026Pound (GBP) surges on standout PMI reading The pound (GBP) ended last week’s session on a strong footing, and is currently trading at a six-month … read more
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EUR/USD strikes three-week high following Trump’s tariff climbdown Daily Update
January 23 2026Pound (GBP) slips despite encouraging figures The pound (GBP) drifted lower against most of its peers during yesterday’s session, with Sterling … read more
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Pound muted even as inflation tops expectations Daily Update
January 22 2026Pound (GBP) subdued despite stronger-than-expected inflation The pound (GBP) slipped against some counterparts yesterday after hotter-than-forecast … read more
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Growing Greenland crisis extends USD selloff Daily Update
January 21 2026Pound (GBP) trades erratically after uneven labour figures The pound (GBP) lacked a clear direction on Wednesday, swinging back and forth amid … read more
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US dollar slides as Trump’s tariff threat triggers ‘sell-America’ trade Daily Update
January 20 2026Pound (GBP) subdued amid recession fears tied to tariffs The pound (GBP) struggled to find direction at the start of the week, as warnings grew that … read more
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US dollar slips as Trump announces new Greenland tariffs Daily Update
January 19 2026Pound (GBP) rebounds after GDP-driven dip The pound (GBP) found some modest footing toward the end of last week, with Sterling managing to recoup … read more
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US dollar jumps as jobless claims surprise to the upside Daily Update
January 16 2026Pound (GBP) slips despite upbeat GDP reading The pound (GBP) came under pressure through yesterday’s session, even as UK … read more
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Euro unsteady as Greenland negotiations get under way Daily Update
January 15 2026Pound (GBP) wavers after BoE remarks The pound (GBP) traded in an unsettled fashion yesterday as the continued absence of UK economic releases left … read more
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US dollar edges higher as inflation remains elevated Daily Update
January 14 2026Pound (GBP) directionless amid data drought The pound (GBP) lacked a clear trend yesterday as the continued absence of UK economic releases left … read more
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US dollar sinks as DoJ launches investigation into Fed chair Daily Update
January 13 2026Pound (GBP) steady as UK corporate sentiment weakens The pound (GBP) traded largely sideways through yesterday’s session as reports pointed to a … read more