Daily Update

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

• Today’s Currency News: Coronavirus Stimulus Plans Offer Modest Support to Pound Sterling (GBP) Exchange Rates Daily Update

  March 12 2020

  Pound (GBP) Lifted by Stimulus Hopes The Pound (GBP) ticked higher mid-week as markets welcomed efforts by the Bank of England (BoE) and Treasury to … read more

• Today’s Exchange Rate News: Coronavirus Panic and Oil Rout Creates Currency Market Chaos Daily Update

  March 10 2020

  Pound (GBP) Gains amid Global Coronavirus Sell-Off The Pound (GBP) trended higher against the majority of its peers yesterday, largely thanks to … read more

• Today’s Exchange Rate News: Collapse in Oil Prices Sends Shockwaves through Currency Market Daily Update

  March 9 2020

  Pound (GBP) Stable on Hawkish BoE The Pound (GBP) held steady at the end of last week, buoyed by the Bank of England’s (BoE) apparent resistance … read more

• Today’s Currency News: Euro (EUR) Exchange Rates Boosted by Rebound in German Factory Orders Daily Update

  March 6 2020

  Reduced Risk of BoE Action Buoys Pound (GBP) Exchange Rates The Pound returned to a positive footing yesterday as markets were less concerned that … read more

• Exchange Rate News: GBP Rallies, but Canadian Dollar Tumbles as Coronavirus Concerns Prompt BoC Rate Cut Daily Update

  March 5 2020

  Calm BoE Sends Pound (GBP) Higher The Pound (GBP) pushed higher in the middle of the week, rallying in response to comments from incoming Bank of … read more

• Today’s Exchange Rate News: Federal Reserve Implements Emergency Rate Cut, USD Slumps Daily Update

  March 4 2020

  Pound (GBP) Lifted by Carney’s Words of Confidence The Pound (GBP) enjoyed some modest support on Tuesday, buoyed by comments from Bank of England … read more

• GBP/EUR Plummets to Four-Month Low on BoE Rate Cut Expectations Daily Update

  March 3 2020

  Pound (GBP) Nosedives as BoE Pledges to Ease Economic Impact of Coronavirus The Pound (GBP) got off to a poor start this week, with GBP/EUR … read more

• Today’s Exchange Rate News: Coronavirus to Prompt Immediate Rate Cut from the Federal Reserve? Daily Update

  March 2 2020

  Pound (GBP) Undermined by No-Deal Brexit Fears The Pound (GBP) struggled to find momentum at the end of last week as economists remained concerned … read more

• GBP Exchange Rate News: Pound Plummets as UK Threatens to Walk Away from Trade Talks in June Daily Update

  February 28 2020

  Pound (GBP) Tumbles on No-Deal Brexit Fears The Pound (GBP) took a sharp dive yesterday as markets responded poorly to the publication of the UK’s … read more

• GBP Exchange Rate News: Will the Pound Weaken in Reaction to the UK Government’s Mandate for Trade Negotiations? Daily Update

  February 27 2020

  Pound (GBP) Weakened by Brexit Jitters The Pound (GBP) fell back in the middle of the week, reversing its gains from Tuesday as renewed Brexit … read more