Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US manufacturing PMI to support the US dollar today? Daily Update
August 3 2026Pound (GBP) rebounds after government reaffirms fiscal discipline The pound (GBP) got off to a slow start on Friday before gaining momentum and … read more
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US dollar slides as data disappoints Daily Update
July 31 2026Pound (GBP) mixed after BoE interest rate announcement The pound (GBP) traded with mixed results yesterday, advancing against some weaker rivals … read more
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Pound poised to fall if BoE strikes cautious tone Daily Update
July 30 2026Pound (GBP) directionless amid UK data drought The pound (GBP) remained rangebound on Wednesday as the continued lack of UK economic data left … read more
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Fed decision to lift USD this evening? Daily Update
July 29 2026Pound (GBP) directionless with data lacking The pound (GBP) struggled to find a clear path yesterday as the absence of UK economic releases offered … read more
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US dollar rebounds amid fresh AI stock rout Daily Update
July 28 2026Pound (GBP) steady as UK bond yields ease The pound (GBP) traded in a tight range at the beginning of the week as lower energy prices helped ease … read more
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Pause in US-Iran hostilities saps demand for the US dollar Daily Update
July 27 2026Pound (GBP) supported by encouraging economic data The pound (GBP) stabilised at the end of last week as investors responded positively to a run of … read more
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Trump’s new tariffs put breaks on US dollar’s bullish momentum Daily Update
July 24 2026Pound (GBP) steady despite higher UK borrowing costs The pound (GBP) traded within a narrow range yesterday as renewed pressure emerged in the UK … read more
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Hawkish hold from the ECB to lift the euro today? Daily Update
July 23 2026Pound (GBP) subdued after UK inflation release The pound (GBP) traded in a narrow range yesterday following the publication of the UK’s latest … read more
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Pound falls as markets question Burnham’s fiscal plans Daily Update
July 22 2026Pound (GBP) edges lower amid political uncertainty The pound (GBP) weakened yesterday, despite stronger-than-expected UK employment figures, as … read more
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Pound wobbles as John Healey named new UK Chancellor Daily Update
July 21 2026Pound (GBP) uneven as Burnham takes office The pound (GBP) traded without clear direction yesterday as Andy Burnham officially assumed office as the … read more