Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Today’s Currency News: Pound Subdued as BoE Warns UK Faces Deepest Contraction in History Daily Update
May 11 2020Pound (GBP) Muted on Grim BoE Forecasts The Pound (GBP) struggled to find support in the tail end of last week’s session, in response to the Bank … read more
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Daily Currency News: Pound Slumps as Abysmal PMI Figures Show UK Construction Sector Suffers Worst Month on Record Daily Update
May 7 2020Pound (GBP) Retreats on Dire Construction PMI The Pound (GBP) was on the defensive through yesterday’s trading session as the UK’s latest … read more
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Today’s Currency News: Euro Tumbles as German Court Ruling Deems ECB Stimulus Measures ‘Unconstitutional’ Daily Update
May 6 2020Pound (GBP) Sidelined by Brexit Concerns Trade in the Pound (GBP) was mixed yesterday amidst renewed no-deal Brexit fears after the UK’s Health … read more
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Today’s Exchange Rate News: US Dollar Accelerates as Global Tensions Bolster Safe-Haven Demand Daily Update
May 5 2020Pound (GBP) Rangebound as Investors Await Fresh Impetus The Pound (GBP) was muted through yesterday’s session as a lack of notable economic data … read more
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Daily Currency News: US Dollar Strengthens as Trump Reignites Trade War Fears Daily Update
May 4 2020Pound (GBP) Undermined by End-Of-Month Sell-Off The Pound (GBP) closed last week on the back foot as some end-of-month moves prompted a sharp … read more
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Today’s Currency News: Pound (GBP Exchange Rates Climb, Euro Slides as Eurozone GDP Suffers Historic Slump Daily Update
May 1 2020Pound (GBP) Strengthens as UK ‘Passed the Peak’ of Coronavirus Outbreak The Pound (GBP) made some tentative gains on Thursday, with Sterling … read more
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Today’s Exchange Rate News: USD Falls as US Economy Suffers Worst Contraction Since 2008 Daily Update
April 30 2020Pound (GBP) Dented by Brexit Jitters The Pound (GBP) was placed on the back foot again on Wednesday as renewed Brexit uncertainty weighed on … read more
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Today’s Currency News: US Dollar (USD) Exchange Rates Poised to Fall on Deep Slump in US GDP Daily Update
April 29 2020Pound (GBP) Undermined by Gloomy Retail Data The Pound (GBP) was on the defensive yesterday following the release of the Confederation of British … read more
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Today’s Currency News: Pound (GBP) Exchange Rates Strengthened by Boris Johnson’s Return to Office Daily Update
April 28 2020Pound (GBP) Bolstered by Johnson’s Return The Pound (GBP) enjoyed a solid start this week as GDP investors cheered Boris Johnson’s return to … read more
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Today’s Currency News: Pound Stalls Following Record Drop in UK Retail Sales Daily Update
April 27 2020Pound (GBP) Muted on Abysmal Retail Sales The Pound (GBP) struggled to find support at the end of last week’s session after the ONS reported UK … read more