Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US dollar spikes as US manufacturing PMI surprises to the upside Daily Update
June 2 2026Pound (GBP) supported by stronger manufacturing data The pound (GBP) traded with a slight upside bias yesterday following the publication of the … read more
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US dollar gives ground amid continued hopes for US-Iran peace deal Daily Update
June 1 2026Pound (GBP) subdued after Bailey strikes cautious tone The pound (GBP) traded without clear direction at the close of last week after comments from … read more
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US dollar tumbles on weaker-than-expected US growth figures Daily Update
May 29 2026Pound (GBP) pressured by NEET report The pound (GBP) struggled for support through yesterday’s session after a new report highlighted the UK’s … read more
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US dollar pushes higher as US and Iran trade strikes Daily Update
May 28 2026Pound (GBP) directionless amid lack of data The pound (GBP) traded in a mixed capacity yesterday, as an absence of UK economic releases left the … read more
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Pound weakens despite better-than-expected data Daily Update
May 27 2026Pound (GBP) falls back following retail data The pound (GBP) lost ground on Tuesday, with Sterling unable to sustain its recent gains despite … read more
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US dollar rebounds as US strikes threaten ceasefire agreement Daily Update
May 26 2026Pound (GBP) supported as UK bond yields continue to ease The pound (GBP) remained on firm footing at the close of last week’s session as falling … read more
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Pound falters as UK retail sales fall sharply Daily Update
May 22 2026Pound (GBP) pressured by shrinking UK services activity The pound (GBP) remained on the back foot through yesterday’s trading session after the … read more
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Slowing services PMI could weigh on GBP today Daily Update
May 21 2026Pound (GBP) shrugs off softer inflation data The pound (GBP) ticked higher against its weaker peers yesterday, as GBP investors looked past a … read more
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Pound unfazed by softer UK inflation Daily Update
May 20 2026Pound (GBP) gains ground in spite of weak jobs figures The pound (GBP) was able to edge higher against its weaker peers yesterday, despite … read more
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Pound rallies as market anxiety eases Daily Update
May 19 2026Pound (GBP) rebounds as political concerns ease The pound (GBP) strengthened yesterday as investors grew less anxious about the UK’s uncertain … read more