Daily Update
Daily updates on how key currencies are performing in the currency markets.
-
US dollar poised to strengthen if key Fed speech revives rate hike bets Daily Update
August 28 2026Pound (GBP) subdued amid a lack of fresh catalysts The pound (GBP) struggled to find direction yesterday as the absence of … read more
-
Hawkish ECB minutes to lift the euro today? Daily Update
August 27 2026Pound (GBP) softens amid UK cost-of-living worries The pound (GBP) weakened yesterday after the Confederation of British Industry’s (CBI) … read more
-
Stubborn US inflation to boost USD today? Daily Update
August 26 2026Pound (GBP) trades sideways amid sparse data The pound (GBP) struggled to find a clear direction yesterday as a lack of UK economic data left … read more
-
US dollar rises as US places new economic sanctions on Iran Daily Update
August 25 2026Pound (GBP) supported by brighter productivity outlook The pound (GBP) found modest support yesterday amid reports suggesting UK productivity may be … read more
-
US dollar firms amid fresh trade war uncertainty Daily Update
August 24 2026Pound (GBP) subdued as UK consumer spending plunges The pound (GBP) struggled to attract demand at the end of last week after the UK reported a … read more
-
Pound faces fresh pressure as UK retail sales contract Daily Update
August 21 2026Pound (GBP) boosted by firmer consumer confidence The pound (GBP) strengthened against most of its counterparts yesterday as signs of improving UK … read more
-
EUR/USD catapulted to three-month high as US Treasury expands bond buybacks Daily Update
August 20 2026Pound (GBP) subdued as CPI fails to boost BoE rate bets The pound (GBP) remained on the defensive against most of its peers yesterday, following the … read more
-
Pound remains muted despite rise in UK inflation Daily Update
August 19 2026Pound (GBP) pressured by weak employment data The pound (GBP) came under pressure through yesterday’s session following the publication of the … read more
-
Pound softens on disappointing UK employment data Daily Update
August 18 2026Pound (GBP) flat ahead of key data The pound (GBP) treaded water yesterday, as GBP investors remained cautious ahead of several high-impact UK … read more
-
EUR/USD climbs to two-month high amid fading Fed bets Daily Update
August 17 2026Pound (GBP) strengthens as BoE rate bets firm The pound (GBP) gained ground against several of its peers at the end of last week as expectations for … read more