Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Currency Exchange Rate News: Euro Stuck at Four-Month Low as Eurozone Industrial Production Plummets Daily Update
February 13 2020Pound (GBP) Maintains Upward Momentum The Pound (GBP) continued to creep higher on Thursday, testing key levels of resistance against both the Euro … read more
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GBP Exchange Rate News: Pound Firms as UK GDP Figures Beat Expectations Daily Update
February 12 2020Pound (GBP) Rallies on UK GDP Figures The Pound (GBP) trended higher against the majority of its peers yesterday as markets reacted to the UK’s … read more
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GBP Exchange Rate News: Pound Firms, But Weak Growth Figures Threaten Gains Daily Update
February 11 2020Pound (GBP) to Slip on Lacklustre GDP The Pound (GBP) trended higher at the start of this week, recouping some of its recent losses in response … read more
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Today’s Currency News: Upbeat Payroll Figures Propel US Dollar Exchange Rate to New 2020 High Daily Update
February 10 2020Pound (GBP) Subdued, UK-US Trade Deal at Risk The Pound (GBP) briefly accelerated at the end of last week’s session, but ultimately relinquished … read more
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GBP Exchange Rate News: Pound Slips as No-Deal Brexit Worries Linger Daily Update
February 7 2020Pound (GBP) Slips on Brexit Uncertainty The Pound (GBP) remained on the back foot yesterday, with traders remaining wary of the UK currency in light … read more
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Today’s Currency News: US Dollar Soars to Two-Month High on Impressive Job Figures Daily Update
February 6 2020Pound (GBP) Retreats in Spite of Upbeat Services PMI The Pound (GBP) initially rallied on Wednesday as January’s final services PMI printed even … read more
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GBP Exchange Rate News: Pound Bounces Back From One-Month Low as UK Construction PMI Improves Daily Update
February 5 2020Pound (GBP) Flat on Improved Construction PMI After an initial slump, the Pound (GBP) was able to bounce back yesterday on the back of the UK’s … read more
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GBP Exchange Rate News: Pound Collapses on No-Deal Brexit Fears Daily Update
February 4 2020Pound (GBP) Nosedives on Renewed Brexit Jitters The Pound (GBP) got off to a poor start this week, plummeting over 1% against most of its peers in … read more
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GBP Exchange Rate News: Pound Buoyant as the UK Says Farewell to the EU Daily Update
February 3 2020Pound (GBP) Rallies on Brexit Day The Pound (GBP) punched higher at the end of last week’s session, maintaining its upward momentum from the Bank … read more
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Brexit Day: Boris Johnson Promises a ‘New Dawn’, But how are the Realities of Brexit likely to Impact the Pound? Daily Update
January 31 2020GBP Exchange Rate Supported Ahead of Official Exit The Pound (GBP) is trending higher this morning, maintaining its gains from yesterday’s Bank of … read more