Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US dollar stumbles as Trump revives tariff fears Daily Update
April 25 2025Pound (GBP) limited by lack of data The increasingly risk-sensitive pound (GBP) managed to rise against some of its weaker, safer peers yesterday as … read more
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Pound and euro hit by weaker PMIs Daily Update
April 24 2025Pound (GBP) dented by downbeat PMIs The pound (GBP) was mixed on Wednesday, with Sterling dropping against its stronger peers following the UK’s … read more
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US dollar recovers on hopes US can sidestep recession Daily Update
April 23 2025Pound (GBP) finds feet amid trade hopes After a sluggish start to the day yesterday, the pound (GBP) then managed to gain ground in the … read more
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Euro stumbles as ECB’s Lagarde warns of tariff risks to growth Daily Update
April 22 2025Pound (GBP) rises against weaker rivals The pound (GBP) trended higher against its weaker rivals on Thursday, with a slight improvement in the … read more
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US dollar pressured by mounting US trade concerns Daily Update
April 17 2025Pound (GBP) subdued by softer inflation print The pound (GBP) weakened on Wednesday after UK inflation data fell short of expectations The latest … read more
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Pound firms amid optimism around UK-US trade deal Daily Update
April 16 2025Pound (GBP) firms on UK-US trade deal hopes The pound (GBP) rose against its safer rivals yesterday thanks to a risk-on mood and optimism around a … read more
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US tariff uncertainty injects fresh volatility into the US dollar Daily Update
April 15 2025Pound (GBP) strengthened by renewed UK-US trade optimism The pound (GBP) edged higher yesterday as the uplift in global risk appetite helped buoy … read more
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US dollar plummets to three-year low amid mounting confidence crisis Daily Update
April 14 2025Pound (GBP) climbs on strong growth reading The pound (GBP) closed on a positive note last week following the release of encouraging UK GDP data, … read more
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US dollar slumps as Trump delays tariffs Daily Update
April 11 2025Pound (GBP) mixed amid lack of data The pound (GBP) faced uncertain trade on Thursday as a lack of UK data left the currency exposed to wider market … read more
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US dollar rocked by Trump’s latest tariff U-turn Daily Update
April 10 2025Pound (GBP) sinks as UK bond yields soar The pound (GBP) stumbled on Wednesday, pressured by growing unease surrounding the UK’s debt … read more