Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US services PMI to pressure the US dollar today? Daily Update
July 6 2026Pound (GBP) muted amid thin UK data The pound (GBP) traded sideways on Friday as a lack of notable UK data left Sterling without a clear catalyst, … read more
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US dollar nosedives as weak payrolls crash Fed rate hike bets Daily Update
July 3 2026Pound (GBP) strengthens as political concerns ease The pound (GBP) advanced against most of its rivals yesterday, as investors continued to unwind … read more
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Non-farm payrolls report to drive USD volatility? Daily Update
July 2 2026Pound (GBP) supported despite cautious BoE commentary The pound (GBP) strengthened modestly yesterday, although Sterling’s gains appeared to be … read more
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Cooling Eurozone inflation to dent the euro today? Daily Update
July 1 2026Pound (GBP) wavers following mixed GDP data The pound (GBP) traded without a clear trajectory yesterday, as mixed UK GDP figures injected volatility … read more
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Pound buoyed as markets receptive to Burnham’s first major speech Daily Update
June 30 2026Pound (GBP) strengthens following Burnham’s first keynote policy address The pound (GBP) firmed yesterday, buoyed by a largely upbeat response to … read more
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ECB’s annual Sintra Forum places euro in the spotlight Daily Update
June 29 2026Pound (GBP) supported as Burnham uncertainty eases The pound (GBP) traded on firm footing at the end of last week, with Sterling posting gains … read more
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US dollar attracts fresh support amid fresh Hormuz risk Daily Update
June 26 2026Pound (GBP) constrained by Burnham leadership uncertainty The pound (GBP) traded within a limited range yesterday as investors continued to assess … read more
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US dollar hits 13-month high as risk aversion prevails Daily Update
June 25 2026Pound (GBP) subdued amid lack of UK data The pound (GBP) traded quietly yesterday, slipping against its stronger peers while moving sideways … read more
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US dollar hits multi-month highs as sentiment sours Daily Update
June 24 2026Pound (GBP) holds firm despite weak PMIs The pound (GBP) traded unevenly yesterday, although it displayed notable resilience in the wake of … read more
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Pound resilient despite resignation of UK Prime Minister Daily Update
June 23 2026Pound (GBP) resilient as markets shrug off Starmer departure The pound (GBP) remained broadly stable at the beginning of this week despite Prime … read more