Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound Sterling Exchange Rate News: Will a Rebound in GDP Revive the Pound? Daily Update
November 11 2019Pound (GBP) Looks to GDP for Support amid Election Speculation The Pound (GBP) was left trading in a narrow range at the end of last week’s … read more
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GBP Exchange Rate News: Shock BoE Division Undermines Sterling Daily Update
November 8 2019Pound (GBP) Sinks Following Dovish BoE Meeting The Pound (GBP) faced a broad sell-off on Thursday in response to the Bank of England’s (BoE) … read more
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Will Cautious Bank of England Undermine Pound? Daily Update
November 7 2019Pound (GBP) Rangebound as UK Election Campaign Begins The Pound (GBP) was trading in a narrow range mid-week as the 2019 UK election campaign got … read more
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GBP Exchange Rate News: Official Start to UK Election Could Stoke Pound Volatility Daily Update
November 6 2019Pound (GBP) Mixed as UK Services PMI Beats Estimates Trade in the Pound (GBP) was mixed on Tuesday, with the release of the UK’s latest services … read more
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Pound Sterling Exchange Rate News: UK Services PMI Could Weaken GBP Exchange Rates Daily Update
November 5 2019UK Construction Sector Contraction Weighs on Pound (GBP) Although October’s UK construction PMI proved stronger than forecast the index remained … read more
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Pound Sterling Exchange Rate News: GBP Stumbles as UK Manufacturing Contraction Continues Daily Update
November 4 2019Manufacturing Improvement Unable to Support Pound Sterling (GBP) Exchange Rates A better-than-expected UK manufacturing PMI only offered the Pound a … read more
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Pound Sterling Exchange Rate News: GBP Jumps as Conservatives Take an Early Lead in the Polls Daily Update
November 1 2019Pound (GBP) Accelerates on Election Speculation The Pound (GBP) trended higher on Thursday, bolstered by early polling data showing a clear lead for … read more
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Today’s Exchange Rate News: US Dollar (USD) Plummets as Fed Remains Cautious Following Latest Rate Cut Daily Update
October 31 2019Pound (GBP) Stable as UK Heads Towards a December Election The Pound (GBP) was range bound on Wednesday as markets continued to digest … read more
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GBP Exchange Rate News: UK Election Jitters Prompt Pound Volatility, Fed Rate Decision Ahead Daily Update
October 30 2019Pound (GBP) Fluctuates, Snap Election Ahead The Pound (GBP) trended higher yesterday, bouncing back from some initial weakness after Labour leader … read more
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GBP Exchange Rate News: Election Risks set to Infuse Pound with Fresh Volatility Daily Update
October 29 2019Pound (GBP) Climbs as No-Deal Brexit Avoided for Now The Pound (GBP) got off to a steady start this week, trending higher on Monday after the EU … read more