Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound buoyed by UK inflation figures Daily Update
August 20 2025Pound (GBP) muted by bond market moves The pound (GBP) was subdued yesterday as stronger bond prices reignited concerns over the UK’s fiscal … read more
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Euro volatile amid Trump-Zelenskyy meeting in Washington Daily Update
August 19 2025Pound (GBP) drifts in subdued trade The pound (GBP) was directionless in yesterday’s session, with recent Sterling strength fading amid a lack of … read more
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Euro buoyed by Ukraine peace optimism Daily Update
August 18 2025Pound (GBP) dips amid end-of-week profit taking The pound (GBP) slipped back on Friday, as a round of profit-taking prompted investors to cash in on … read more
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US dollar rallies as US producer prices surge Daily Update
August 15 2025Pound (GBP) lifted by stronger-than-forecast GDP The pound (GBP) found some support yesterday after the UK’s second-quarter GDP figures surpassed … read more
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US dollar slumps amid calls for a 50bps rate cut Daily Update
August 14 2025Pound (GBP) lifted by hawkish BoE expectations The pound (GBP) advanced on Thursday, with support stemming from hawkish Bank of England (BoE) … read more
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Pound rises as UK jobs data trims BoE rate cut expectations Daily Update
August 13 2025Pound (GBP) gains on stronger labour market report The pound (GBP) advanced yesterday after UK jobs data came in stronger than anticipated, … read more
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Pound buoyed as UK labour figures outpace expectations Daily Update
August 12 2025Pound (GBP) steady ahead of key releases The pound (GBP) held its ground on Tuesday as traders awaited the release of the UK’s latest employment … read more
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US dollar strengthened by safe-haven demand Daily Update
August 11 2025Pound (GBP) eases on profit-taking The pound (GBP) ended last week on a softer note, amid some modest profit-taking This came after Thursday’s … read more
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Pound jumps as BoE policymakers split on rate cut decision Daily Update
August 8 2025Pound (GBP) climbs as markets reassess BoE easing outlook The pound (GBP) strengthened on Thursday after the Bank of England (BoE) voted by a narrow … read more
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Pound to slide on dovish BoE rate cut? Daily Update
August 7 2025Pound (GBP) subdued ahead of BoE announcement The pound (GBP) traded without clear direction on Wednesday, as investors braced for the Bank of … read more