Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US dollar slips as markets recover Daily Update
April 9 2025Pound (GBP) uncertain amid lack of data The pound (GBP) lacked a clear direction yesterday amid an absence of UK economic data While the … read more
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GBP/EUR strikes eight-month low amid UK-US trade deal pessimism Daily Update
April 8 2025Pound (GBP) pressured by UK-US trade uncertainty The pound (GBP) opened this week on the defensive amid fresh concerns that a UK-US trade deal may … read more
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US dollar rebounds from multi-month lows on impressive payroll figures Daily Update
April 7 2025Pound (GBP) weakens as UK eyes response to US tariffs The pound (GBP) stumbled against most of its peers on Friday, pressured by renewed trade … read more
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US dollar collapses as Trump’s tariffs ripple through markets Daily Update
April 4 2025Pound (GBP) slips as services sector underwhelms The pound (GBP) weakened throughout Thursday’s European session after the UK’s latest services … read more
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US dollar nosedives following Trump’s tariff announcement Daily Update
April 3 2025Pound (GBP) wobbles on trade deal setback The pound (GBP) initially struggled for direction on Wednesday as it became clear that the UK had failed … read more
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Euro softens as cooling inflation boosts ECB rate cut bets Daily Update
April 2 2025Pound (GBP) slips as tariff exemption hopes fade The pound (GBP) weakened yesterday as it became apparent that the UK would not be exempt from the … read more
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US dollar bolstered by Trump tariff jitters Daily Update
April 1 2025Pound (GBP) drifts sideways amid data drought The pound (GBP) remained rangebound during yesterday’s session, as a lull in UK economic releases … read more
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Euro strengthens as EU seeks to avoid transatlantic trade war Daily Update
March 31 2025Pound (GBP) climbs on upbeat retail figures The pound (GBP) saw broad support at the end of last week, buoyed by encouraging domestic data UK … read more
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US dollar slides amid recession fears Daily Update
March 28 2025Pound (GBP) capitalises on rivals’ weakness The pound (GBP) enjoyed some success yesterday, with GBP primarily benefiting from depreciation in … read more
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Pound retreats on softer inflation and weaker growth forecast Daily Update
March 27 2025Pound (GBP) slumps as UK inflation cools and growth forecast cut The pound (GBP) faced notable selling pressure on Wednesday, initially falling … read more