Daily Update
Daily updates on how key currencies are performing in the currency markets.
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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
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Today’s Currency News: Euro (EUR) Exchange Rates Slide on Abysmal PMIs and Unsuccessful EU Summit Daily Update
April 24 2020Pound (GBP) Makes Tentative Gains, Has the UK’s Coronavirus Outbreak Peaked The Pound (GBP) ticked higher again on Thursday, rising on the back of … read more
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Currency News: Will PMI Figures Reveal Startling Drop in UK, US and Eurozone Economic Activity? Daily Update
April 23 2020Pound (GBP) Rebounds from Two-Week Low The Pound (GBP) bounced back from a two-week low during yesterday’s session as an improving market mood … read more
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Today’s Currency News: Pound (GBP) Exchange Rates Drop as BoE Warns Economic Rebound May Be Slow Daily Update
April 22 2020Pound (GBP) Slumps on Gloomy Economic Outlook The Pound (GBP) fell sharply yesterday after Bank of England (BoE) chief economist Andy Haldane warned … read more
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Daily Currency News: Pound Exchange Rates Steady after Employment Data, Euro Struggles Daily Update
April 21 2020Pound (GBP) Dented by Cautious Government Outlook The Pound (GBP) got off to a poor start this week, suffering broad losses as reports suggest the … read more
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Daily Currency News: US Dollar (USD) Exchange Rate Rally Halted by Hopes for Coronavirus Treatment Daily Update
April 20 2020Pound (GBP) Ends Week on a Positive Note The Pound (GBP) made some tentative gains at the end of last week, allowing it to close out the session … read more
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Today’s Exchange Rate Update: Pound Weakened by Brexit Worries, Euro Flat Daily Update
April 17 2020Pound (GBP) Undermined by Brexit Concern The Pound (GBP) was back on the defensive yesterday amid renewed concerns over a potential no-deal … read more
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Today’s Currency News: US Dollar Flying High, IMF Warns of Worst Economic Downturn Since the Great Depression Daily Update
April 16 2020Pound (GBP) Fluctuates on Coronavirus Concerns Trade in the Pound (GBP) was mixed yesterday as concerns over the UK’s coronavirus outbreak took … read more