Daily Update
Daily updates on how key currencies are performing in the currency markets.
-
Pound faces headwinds as UK unemployment rises Daily Update
June 10 2025Pound (GBP) flat amid UK spending review jitters The pound (GBP) continued to tread water on Monday, with investors hesitant to make any major … read more
-
US dollar strengthens despite mixed US payroll report Daily Update
June 9 2025Pound (GBP) drifts amid data vacuum The pound (GBP) remained listless at the close of last week, weighed down by the ongoing absence of meaningful … read more
-
US dollar slides amid signs of slowing labour market Daily Update
June 6 2025Pound (GBP) rudderless in absence of data The pound (GBP) lacked a clear directional bias yesterday amid an ongoing lull in UK data This left the … read more
-
US dollar dragged lower by downbeat data Daily Update
June 5 2025Pound (GBP) softens despite positive PMI The pound (GBP) struggled yesterday, despite the UK’s final services PMI printing higher than its … read more
-
Euro retreats as Eurozone inflation cools ahead of ECB decision Daily Update
June 4 2025Pound (GBP) unsure amid interest rate ‘uncertainty’ The pound (GBP) traded in a wide range yesterday as markets digested mixed comments from … read more
-
US dollar tumbles as tariff jitters stoke US economic concerns Daily Update
June 3 2025Pound (GBP) lacks momentum amid domestic data drought The pound (GBP) traded without clear direction at the start of the week, as a lack of UK … read more
-
US dollar spikes as Trump claims China ‘totally violated’ tariff truce Daily Update
June 2 2025Pound (GBP) subdued following dovish BoE comments The pound (GBP) remained on the back foot at the close of last week, after Bank of England (BoE) … read more
-
US dollar plummets amid downbeat US data Daily Update
May 30 2025Pound (GBP) choppy amid wider market trends The pound (GBP) traded without a clear direction yesterday amid an ongoing lack of UK economic … read more
-
US dollar jumps after federal court blocks Trump’s tariffs Daily Update
May 29 2025Pound (GBP) drifts in absence of fresh catalysts The pound (GBP) traded without strong directional bias yesterday, as the continued lack of UK … read more
-
US dollar rallies as Trump pauses tariffs on EU Daily Update
May 28 2025Pound (GBP) mixed amid IMF commentary The pound (GBP) saw mixed movement on Tuesday as markets digested the IMF’s latest health-check of the UK … read more