Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US dollar fluctuates amid US-China trade uncertainty Daily Update
May 12 2025Pound (GBP) climbs amid trade deal optimism The pound (GBP) ended last week on the front foot, buoyed by a brighter outlook for the UK economy This … read more
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Pound climbs following BoE’s split decision Daily Update
May 9 2025Pound (GBP) climbs despite BoE rate cut The pound (GBP) rallied yesterday, despite the Bank of England (BoE) cutting interest rates, as markets … read more
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US dollar rallies as Fed set to leave rates on hold for longer Daily Update
May 8 2025Pound (GBP) rangebound ahead of BoE rate announcement The pound (GBP) remained largely static on Wednesday, as investors held fire ahead of … read more
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US dollar falls amid tariff anxiety Daily Update
May 7 2025Pound (GBP) climbs amid general optimism The pound (GBP) pushed higher yesterday amid a slightly brighter outlook for the UK economy News of a … read more
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Euro rallies as Eurozone inflation outpaces expectations Daily Update
May 6 2025Pound (GBP) directionless amid political concerns The pound (GBP) lacked direction on Friday as markets reacted to early results from the UK’s … read more
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US dollar climbs amid US-China trade optimism Daily Update
May 2 2025Pound (GBP) quiet as local elections get underway The pound (GBP) traded mostly sideways yesterday as people across England headed out to vote in … read more
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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