Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US dollar’s losses mount as Fed Chair refuses to ‘prejudge’ interest rate decisions Daily Update
October 16 2026Pound (GBP) climbs after stronger-than-expected GDP growth The pound (GBP) advanced on Thursday after the UK’s latest GDP figures surprised to the … read more
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US inflation to boost the US dollar today? Daily Update
October 14 2026Pound (GBP) directionless following UK growth forecast revision The pound (GBP) struggled to establish a clear direction yesterday, losing ground … read more
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Pound firms as IMF raises UK growth forecast Daily Update
October 13 2026Pound (GBP) climbs on prospects of closer UK-EU relations The pound (GBP) strengthened against most of its major peers at the start of this week, as … read more
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Euro weakens as French debt crisis continues Daily Update
October 12 2026Pound (GBP) directionless as UK data remains scarce The pound (GBP) lacked a clear direction on Friday, with an absence of fresh UK economic … read more
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US dollar may struggle as US consumer sentiment forecast to weaken Daily Update
October 9 2026Pound (GBP) supported by Bailey's inflation warnings The pound (GBP) found modest support during yesterday's session as markets assessed comments … read more
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GBP/EUR touches 16-month high amid French debt fears Daily Update
October 8 2026Pound (GBP) subdued as data remains scarce The pound (GBP) edged lower against its stronger counterparts yesterday, with a lack of UK economic … read more
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Euro facing fresh pressure today despite positive German data Daily Update
October 7 2026Pound (GBP) supported by BoE rate hike bets The pound (GBP) remained supported yesterday as expectations grew around a potential Bank of England … read more
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Startling plunge in German factory orders places more pressure on the Euro Daily Update
October 6 2026Pound (GBP) mixed as investors lock in gains The pound (GBP) traded unevenly at the start of this week, with investors taking some profits and … read more
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Euro plunges as French debt fears mount Daily Update
October 5 2026Pound (GBP) supported by prospects of closer UK-EU ties The pound (GBP) finished last week on a firmer footing, consolidating much of the progress … read more
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Non-farm payrolls to drive USD volatility today? Daily Update
October 2 2026Pound (GBP) fluctuates after final PMI release The pound (GBP) moved within a broad range yesterday, with the UK’s final manufacturing PMI … read more