Daily Update

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

• Currency Exchange Rate News: Coronavirus Prompts Emergency Fed Rate Cut, Oil Prices Tank Daily Update

  March 17 2020

  Pound (GBP) Struggles amid Government Coronavirus Criticism Trade in the Pound (GBP) was mixed yesterday, with Sterling sentiment in flux amid … read more

• Currency News: Markets Brace for Exchange Rate Volatility as Coronavirus Prompts Fed to Slash Rates Again Daily Update

  March 16 2020

  Pound (GBP) Dented by Brexit Jitters The Pound (GBP) continued to trend lower at the end of last week’s session after the EU’s draft trade … read more

• Today’s Exchange Rate Update: Coronavirus Panic Drives Huge Swings in Currency Markets Daily Update

  March 13 2020

  Pound (GBP) Plummets on Coronavirus Fears The Pound (GBP) fell sharply during yesterday’s trading session, with the currency striking its worst … read more

• 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