Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US dollar climbs to two-week high despite alarming US GDP figures Daily Update
May 1 2025Pound (GBP) falls amid UK-US trade setback The pound (GBP) weakened against most major peers on Wednesday, dragged lower by fresh doubts over a … read more
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US dollar firms as market risk appetite sours Daily Update
April 30 2025Pound (GBP) subdued by rate cut expectations The pound (GBP) traded sideways on Tuesday as investors remained focused on the prospect of a Bank of … read more
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US dollar slumps as risk appetite improves Daily Update
April 29 2025Pound (GBP) rises amid UK hopes The pound (GBP) enjoyed strong support at the start of this week’s session, with GBP seemingly supported by the … read more
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US dollar slips amid US-China trade uncertainty Daily Update
April 28 2025Pound (GBP) subdued despite positive retail sales The pound (GBP) was mixed on Friday, with Sterling slipping against stronger peers despite … read more
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US dollar stumbles as Trump revives tariff fears Daily Update
April 25 2025Pound (GBP) limited by lack of data The increasingly risk-sensitive pound (GBP) managed to rise against some of its weaker, safer peers yesterday as … read more
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Pound and euro hit by weaker PMIs Daily Update
April 24 2025Pound (GBP) dented by downbeat PMIs The pound (GBP) was mixed on Wednesday, with Sterling dropping against its stronger peers following the UK’s … read more
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US dollar recovers on hopes US can sidestep recession Daily Update
April 23 2025Pound (GBP) finds feet amid trade hopes After a sluggish start to the day yesterday, the pound (GBP) then managed to gain ground in the … read more
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Euro stumbles as ECB’s Lagarde warns of tariff risks to growth Daily Update
April 22 2025Pound (GBP) rises against weaker rivals The pound (GBP) trended higher against its weaker rivals on Thursday, with a slight improvement in the … read more
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US dollar pressured by mounting US trade concerns Daily Update
April 17 2025Pound (GBP) subdued by softer inflation print The pound (GBP) weakened on Wednesday after UK inflation data fell short of expectations The latest … read more
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Pound firms amid optimism around UK-US trade deal Daily Update
April 16 2025Pound (GBP) firms on UK-US trade deal hopes The pound (GBP) rose against its safer rivals yesterday thanks to a risk-on mood and optimism around a … read more