Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US dollar stumbles as jobless claims rise Daily Update
December 6 2024Pound (GBP) buoyed despite lack of data The pound (GBP) managed to gain ground against many of its peers yesterday, despite a lack of UK economic … read more
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US dollar retreats on lacklustre data Daily Update
December 5 2024Pound (GBP) steady as UK services PMI revised up The pound (GBP) remained rangebound yesterday, supported by an upward revision to the UK’s … read more
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Pound undermined by gloomy UK economic outlook Daily Update
December 4 2024Pound (GBP) subdued amid lingering UK economic concerns The pound (GBP) remained rangebound during Tuesday’s session, as persistent worries about … read more
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US dollar rallies as Trump issues fresh tariff threats Daily Update
December 3 2024Pound (GBP) dented by downbeat PMI The pound (GBP) faced some pressure yesterday after the UK’s final manufacturing PMI was revised lower to show … read more
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Euro stable as Eurozone inflation climbs to four-month high Daily Update
December 2 2024Pound (GBP) flat following BoE stability report The pound (GBP) was left to trade without a strong directional bias on Friday as GBP investors … read more
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Rising Eurozone inflation to boost the euro? Daily Update
November 29 2024Pound (GBP) muted amid lack of data The pound (GBP) traded mostly sideways yesterday as a lack of impactful UK data muted the British … read more
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Pound firms on BoE Lombardelli’s inflation remarks Daily Update
November 28 2024Pound (GBP) supported by BoE official’s inflation warning The pound (GBP) gained ground on Wednesday, bolstered by comments from Bank of England … read more
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USD, GBP and EUR fluctuate as Trump’s tariff announcement rocks markets Daily Update
November 27 2024Pound (GBP) uncertain amid market volatility The pound (GBP) traded without a clear direction yesterday, with general market volatility causing GBP … read more
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US dollar slips as Trump’s pick for Treasury Secretary cheers markets Daily Update
November 26 2024Pound (GBP) wavers despite BoE remarks The pound (GBP) had a mixed start to the week, despite some hawkish comments from Bank of England (BoE) … read more
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Pound and euro plunge following weaker PMIs Daily Update
November 25 2024Pound (GBP) slides on dire UK data The pound (GBP) faced heavy pressure on Friday as British retail sales growth slumped by 07% in October, versus … read more