Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Euro poised to soften amid Eurozone GDP slowdown Daily Update
October 30 2026Pound (GBP) supported by easing gilt yields The pound (GBP) made modest gains on Thursday as the cost of UK government borrowing continued to … read more
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US dollar drops following Fed decision Daily Update
October 29 2026Pound (GBP) slips as UK budget takes centre stage The pound (GBP) weakened ahead of yesterday’s UK Autumn Budget, with currency markets adopting a … read more
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Pound softens as investors eye Autumn Budget Daily Update
October 28 2026Pound (GBP) retreats as Autumn Budget approaches The pound (GBP) lost ground against its stronger counterparts yesterday as currency markets … read more
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US dollar set to rise if durable goods orders impress Daily Update
October 27 2026Pound (GBP) slips amid growing budget uncertainty The pound (GBP) edged lower against most major currencies on Monday as investors grew increasingly … read more
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Euro poised to extend slump on weak German business sentiment Daily Update
October 26 2026Pound (GBP) undermined by weaker retail sales Sterling (GBP) ended last week on the back foot after the UK’s latest retail sales report revealed … read more
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Pound softens as UK consumer spending contracts in September Daily Update
October 23 2026Pound (GBP) supported as Healey signals business-friendly budget The pound (GBP) edged higher on Thursday after Chancellor John Healey indicated … read more
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Euro continues to fall as French bond yields hit 24-year high Daily Update
October 22 2026Pound (GBP) edges up after UK inflation accelerates The pound (GBP) found support yesterday after UK inflation rose more sharply than anticipated, … read more
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GBP/EUR strikes fresh 17-month high following UK jobs data Daily Update
October 21 2026Pound (GBP) advances as jobs data fuels BoE rate hike expectations The pound (GBP) gained ground yesterday as stronger-than-expected employment … read more
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Pound rallies as UK unemployment unexpectedly falls Daily Update
October 20 2026Pound (GBP) steady as investors await key data The pound (GBP) traded within a narrow range at the beginning of this week, as investors held off … read more
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Euro slides as weekend of unrest adds to pressure on French government Daily Update
October 19 2026Pound (GBP) advances despite dovish Bailey remarks The pound (GBP) extended its gains against most major currencies at the end of last week, with … read more