Daily Update
Daily updates on how key currencies are performing in the currency markets.
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GBP/USD rebounds from one-month low on Israel-Iran ceasefire Daily Update
June 24 2025Pound (GBP) firms as UK unveils new industrial strategy The pound (GBP) advanced on Monday amid a broadly positive response to the UK’s new … read more
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US dollar fluctuates as Trump seems to delay Iran decision Daily Update
June 23 2025Pound (GBP) mixed following dire sales The pound (GBP) initially ticked higher on Friday, despite some dire retail data from the UK British sales … read more
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Pound rises as BoE leaves interest rates unchanged Daily Update
June 20 2025Pound (GBP) supported by BoE rate decision The pound (GBP) gained ground yesterday as markets responded to the Bank of England’s (BoE) interest … read more
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US dollar rebounds following hawkish Fed decision Daily Update
June 19 2025Pound (GBP) mixed as BoE decision imminent The pound (GBP) traded without a clear direction yesterday, with GBP investors reluctant to place … read more
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US dollar rallies as sentiment sours Daily Update
June 18 2025Pound (GBP) weakens ahead of BoE decision The pound (GBP) trended lower yesterday, with the UK currency losing ground ahead of the Bank of … read more
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US dollar slumps as risk appetite recovers Daily Update
June 17 2025Pound (GBP) unclear amid lack of data The pound (GBP) found itself rudderless yesterday as GBP investors held back ahead of some high-impact UK … read more
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US dollar soars following Israeli strikes on Iran Daily Update
June 16 2025Pound (GBP) licks wounds following weak UK data The pound (GBP) was subdued at the end of last week, amid speculation the Bank of England (BoE) may … read more
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US dollar plunges to fresh three-year low Daily Update
June 13 2025Pound (GBP) dented by downbeat GDP The pound (GBP) stumbled at the start of yesterday’s session after UK GDP contracted 03% in April, far more … read more
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GBP/EUR slides to one-month low as UK economy contracts in April Daily Update
June 12 2025Pound (GBP) firms following UK spending review The pound (GBP) trended higher yesterday, as GBP investors digested the UK government’s latest … read more
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US dollar recovers as the US and China agree trade framework Daily Update
June 11 2025Pound (GBP) slides as jobs data bolsters rate cut bets The pound (GBP) slumped during yesterday’s session, as a disappointing UK jobs report … read more