Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound Exchange Rate News: Pound Rallies as BoE Leaves Rates on Hold Daily Update
January 31 2020Pound (GBP) Surges Following BoE Rate Decision The Pound (GBP) shot higher on Thursday in response to the Bank of England’s (BoE) first rate … read more
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GBP Exchange Rate News: 50-50 Odds of a BoE Rate Cut Leaves the Pound on Edge Daily Update
January 30 2020Pound (GBP) Subdued as BoE Rate Decision Looms The Pound (GBP) continued to edge lower mid-week as markets were spooked by a growing row between the … read more
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GBP Exchange Rate Update: BoE and Brexit Uncertainty Weigh on the Pound Daily Update
January 29 2020Pound undermined by BoE speculation – No-deal Brexit fears also exert pressure US Dollar strengthens in spite of mixed data – Analysts … read more
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Daily Currency New: Coronavirus Fears Drive Safe-Haven US Dollar Higher Daily Update
January 28 2020Pound (GBP) Fluctuates with Markets Divided on BoE Rate Cut The Pound (GBP) traded in a wide range on Monday as a result of ongoing speculation over … read more
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GBP Exchange Rate News: Pound Supported by Growth Expectations, Coronavirus Worries Weaken Risk-Appetite Daily Update
January 27 2020Pound (GBP) Rises as Manufacturing and Services Output Improves Sterling firmed on Friday following the release of better-than-expected UK … read more
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GBP Exchange Rate News: Pound Muted, Euro Struggles after ECB Decision Daily Update
January 24 2020Pound (GBP) Demand Limited by Brexit Jitters Support for the Pound proved muted yesterday as anxiety over a potential hard-Brexit scenario … read more
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Pound Sterling Echange Rate News: Pound Side-Lined by Renewed Brexit Jitters Daily Update
January 21 2020Pound (GBP) Subdued Amid Brexit Uncertainty The Pound (GBP) was mostly rangebound through the start of this week’s session in response to renewed … read more
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Pound Euro Exchange Rate Softens, is the UK Government Committing to a Hard Brexit? Daily Update GBP to EUR
January 20 2020GBP/EUR Exchange Rate Undermined by Fresh Brexit Jitters The Pound to Euro (GBP/EUR) exchange rate opens this week on the defensive, after the UK … read more
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GBP Exchange Rate News: Pound Dented by Abysmal Retail Sales Daily Update
Pound (GBP) Undermined by Shock Contraction in Retail Sales The Pound (GBP) closed last week’s session on a sour note after UK retail sales came … read more
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GBP Exchange Rate News: Brexit Uncertainty and BoE Rate Speculation Fail to Stifle the Pound Daily Update
January 17 2020Pound (GBP) Strengthened in Spite of Brexit, BoE Concerns The Pound (GBP) traded higher yesterday, rising in spite of both Brexit and speculation … read more