Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Today’s Currency News: GBP/USD Surges as Market Mood Buoyed by Reopening Hopes Daily Update
June 23 2020Pound (GBP) Buoyed by Reopening Hopes The Pound (GBP) found some solid footing yesterday as Sterling sentiment was buoyed by hopes more of the UK … read more
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Today’s Exchange Rate News: GBP/EUR Slumps to Two-Month Low on BoE Speculation Daily Update
June 22 2020Pound (GBP) Sell-Off Intensifies The Pound (GBP) stumbled over the finishing line last week, with the bearish pressure against the UK currency … read more
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Today’s Currency News: GBP Exchange Rates Collapse as BoE Expands Stimulus Programme by £100bn Daily Update
June 19 2020Pound (GBP) Nosedives as BoE Pumps More Money into its QE Programme The Pound (GBP) tumbled during yesterday’s session in response to the dovish … read more
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Today’s Exchange Rate News: Pound Poised to Plunge if BoE Alludes to Possibility of Negative Interest Rates Daily Update
June 18 2020Pound (GBP) Undermined by Weak Inflation The Pound (GBP) drifted lower yesterday in the wake of the UK’s latest consumer price index as … read more
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Today’s Currency News: Pound Rallies, Boris Johnson Optimistic on the Chances of a Brexit Deal Daily Update
June 17 2020Pound (GBP) Rallies on Brexit Hopes The Pound (GBP) trended higher yesterday, riding a wave of Brexit optimism after Boris Johnson suggested that … read more
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Today’s Pound Sterling Exchange Rate News: GBP holds steady following PM’s Brexit Phone Call Daily Update
June 16 2020Pound (GBP) Flat with Brexit in Focus The Pound (GBP) was mostly rangebound on Monday as Boris Johnson spoke with EU Commission President Ursula von … read more
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GBP Exchange Rate News: Pound Struggles Following Record Slump in GDP Daily Update
June 15 2020Pound (GBP) Subdued Following Record Fall in GDP The Pound (GBP) was left mostly muted through the end of last week’s session as the UK reported a … read more
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Today’s Currency News: Pound Faces Headwinds as UK GDP Suffers Record Plunge in April Daily Update
June 12 2020Pound (GBP) Sinks amidst Gloomy Market Mood The Pound (GBP) fell sharply through yesterday’s session as the UK currency fell victim to a souring … read more
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Today’s Exchange Rate News: US Dollar Slumps as Fed Paints Clear Picture of Ultra Low Interest Rates for Foreseeable Future Daily Update
June 11 2020Pound (GBP) Gains Despite Dire Warning from the OECD The Pound (GBP) ticked higher through Wednesday’s trading session, appreciating on the back … read more
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Today’s Exchange Rate News: Euro Rallies as Eurozone GDP Revised Higher Daily Update
June 10 2020Pound (GBP) Cements Status as Risk Sensitive Currency The Pound (GBP) continued to behave like a risk sensitive currency through yesterday’s … read more