Daily Update
Daily updates on how key currencies are performing in the currency markets.
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GBP Exchange Rate News: Pound Softens as UK Inflation Slumps to a Three-Year Low Daily Update
January 16 2020Pound (GBP) Subdued on Dreadful Inflation Figures The Pound (GBP) struggled to find any momentum mid-week after the UK’s consumer price index … read more
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GBP Exchange Rate News: Pound Rallies on Boris Johnson’s Brexit Optimism Daily Update
January 15 2020Pound (GBP) Firms after Johnson’s Upbeat Brexit Comments After initially stumbling to a three-week low, the Pound (GBP) rebounded yesterday on the … read more
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Today’s Currency News: Underwhelming Payrolls Report Drags on US Dollar (USD) Exchange Rates Daily Update
January 13 2020Pound (GBP) Muted Following Dovish BoE Chatter The Pound (GBP) was left rangebound at the end of last week’s session as another member of the Bank … read more
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GBP Exchange Rate News: Pound Slumps as Dovish Carney Hints at ‘Prompt’ Rate Cut Daily Update
January 10 2020Pound (GBP) Slumps on BoE Rate Cut Speculation The Pound (GBP) fell sharply on Thursday, erasing most of its gains from the week in response to … read more
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GBP Exchange Rate News: Pound Struggles as European Commission Warns Full Trade Deal ‘Impossible’ Within Current Deadline Daily Update
January 9 2020Pound (GBP) Rangebound Following von der Leyen Warning The Pound (GBP) was stuck trading in a narrow range yesterday as markets responded to … read more
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GBP Exchange Rate News: Pound Lacks Direction as Parliament Reconvenes Daily Update
January 8 2020Pound (GBP) Muted as Politics Returns to the Fore The Pound (GBP) was left mostly rangebound through yesterday’s session as UK politics and Brexit … read more
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GBP Exchange Rate News: Pound Rallies as UK Services PMI Revised Higher Daily Update
January 7 2020Pound (GBP) Jumps on Revised PMI Figures The Pound (GBP) opened this week’s session on stronger footing, rallying against its peers on the back of … read more
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GBP Exchange Rate News: Pound gets off to a Poor Start in 2020 as Brexit Uncertainty Lingers Daily Update
January 3 2020New Year Brexit Jitters Send Sterling (GBP) Lower The Pound (GBP) entered 2020 on the defensive, slumping against the majority of its peers as it … read more
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Exchange Rate News: Pound (GBP) Stable, US Dollar (USD) Sell-Off Persists on US-China Trade Hopes Daily Update
December 31 2019Pound (GBP) Accelerates in Spite of Brexit Risk The Pound (GBP) got off to solid start this week, ticking higher on Monday as markets shrugged off … read more
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2020 Currency Forecast: Brexit, Trade Wars and Rate Cuts, the Big Things to Look Out for in 2020 Daily Update
December 27 2019Pound (GBP) to Remain Highly Sensitive to Brexit For GBP investors, Brexit will remain the pressing issue in 2020 While Boris Johnson’s election … read more