Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US dollar climbs as Trump sparks fresh tariff fears Daily Update
January 29 2025Pound (GBP) mixed in absence of data The pound (GBP) moved without clear direction yesterday as a lack of British economic data left the currency … read more
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Pound firms amid improvement in UK economic outlook Daily Update
January 28 2025Pound (GBP) supported by UK growth hopes The pound (GBP) opened the week on solid footing, buoyed by optimism surrounding the UK government’s … read more
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US dollar tumbles as Trump pushes for lower US interest rates Daily Update
January 27 2025Pound (GBP) bolstered by robust services data The pound (GBP) strengthened at the close of last week's session after the UK’s services PMI … read more
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Currency market quiet as markets brace for more Trump policies Daily Update
January 24 2025Pound (GBP) uncertain as investors ignore CBI data The pound (GBP) traded mostly sideways yesterday as a lack of notable UK economic data left … read more
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Pound slides as UK borrowing jumps Daily Update
January 23 2025Pound (GBP) softens as borrowing figures disappoint The pound (GBP) faced downward pressure yesterday following the release of the UK’s latest … read more
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US dollar whipsaws as Trump signs flurry of executive orders Daily Update
January 22 2025Pound (GBP) softens following mixed jobs data The pound (GBP) trended lower during yesterday’s session following a mixed labour market report for … read more
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US dollar rocked by Trump’s return to office Daily Update
January 21 2025Pound (GBP) struggles as BoE rate cut speculation builds The pound (GBP) faced headwinds yesterday as expectations for a Bank of England (BoE) … read more
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US dollar retreats as Fed official hints at March rate cut Daily Update
January 20 2025Pound (GBP) weakens on poor retail sales data The pound (GBP) ended last week on the back foot as underwhelming UK retail sales figures added to … read more
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Lacklustre recovery in UK economy dents the pound Daily Update
January 17 2025Pound (GBP) softens following disappointing GDP The pound (GBP) stumbled yesterday after the UK’s latest GDP data missed market … read more
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Pound firms as UK inflation unexpectedly cools Daily Update
January 16 2025Pound (GBP) strengthens as inflation eases The pound (GBP) gained ground yesterday as markets welcomed a surprise … read more