Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US dollar plunges as US and Iran agree peace framework Daily Update
June 16 2026Pound (GBP) subdued amid election uncertainty The pound (GBP) remained largely rangebound yesterday as investor focus shifted towards the … read more
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US dollar slides as US and Iran agree peace deal Daily Update
June 15 2026Pound (GBP) wavers following GDP contraction The pound (GBP) traded without a clear direction on Friday, as news that UK GDP shrank by 01% placed … read more
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Pound subdued as UK economy contracts Daily Update
June 12 2026Pound (GBP) muted after ministerial resignation The pound (GBP) struggled to find support on Thursday in the wake of UK Defence Secretary John … read more
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Euro to rise on ECB interest rate hike? Daily Update
June 11 2026Pound (GBP) firms despite data lull The pound (GBP) edged higher yesterday, with the UK currency finding support in spite of an absence of domestic … read more
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US inflation could lift the US dollar today Daily Update
June 10 2026Pound (GBP) strengthens as gilt yields pull back The increasingly risk-sensitive pound (GBP) climbed yesterday, as an upbeat market mood helped the … read more
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US dollar slides as Trump claims Iran peace deal is ‘two or three days’ away Daily Update
June 9 2026Pound (GBP) weighed down by higher gilt yields The pound (GBP) found it difficult to build momentum at the beginning of the week as UK borrowing … read more
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US dollar rallies as US payrolls smash forecasts Daily Update
June 8 2026Pound (GBP) gains ground despite quiet calendar The pound (GBP) advanced against most of its counterparts at the close of last week’s trading … read more
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US dollar to rise on robust US payroll print? Daily Update
June 5 2026Pound (GBP) rangebound amid lack of UK data The pound (GBP) traded sideways on Thursday as the absence of any major UK economic releases left … read more
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Pound mixed following final UK services PMI Daily Update
June 4 2026Pound (GBP) mixed as investors assess UK PMI The pound (GBP) traded unevenly yesterday as markets responded cautiously to the UK’s final services … read more
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US dollar recovers following upbeat jobs data Daily Update
June 3 2026Pound (GBP) mixed amid lack of data The pound (GBP) traded without a clear trajectory yesterday, as an absence of UK economic data left Sterling … read more