Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US dollar poised to rally on strong US factory growth Daily Update
October 1 2026Pound (GBP) climbs after stronger UK GDP revision The pound (GBP) strengthened yesterday after updated figures showed the UK economy performed … read more
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Pound finds respite on hawkish BoE remarks Daily Update
September 29 2026Pound (GBP) supported by firmer BoE rate expectations The pound (GBP) attracted broad support at the beginning of this week as expectations grew … read more
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US dollar set to climb as rising oil prices rattle investors Daily Update
September 28 2026Pound (GBP) finishes week on stronger footing The pound (GBP) ended last week with modest gains, edging higher against most of its major … read more
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US dollar softens on reports of potential phased deal to reopen Strait of Hormuz Daily Update
September 25 2026Pound (GBP) subdued as retail demand weakens The pound (GBP) struggled to gain traction yesterday as fresh evidence pointed to a continued slowdown … read more
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US dollar hits two-month highs amid Fed rate hike bets Daily Update
September 24 2026Pound (GBP) weighed down by softer PMI The pound (GBP) came under pressure yesterday after the UK’s services PMI fell short of expectations The … read more
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US dollar firms as jobs growth picks up Daily Update
September 23 2026Pound (GBP) subdued as UK borrowing surges The pound (GBP) traded unevenly yesterday, with a sharp increase in UK government borrowing in August … read more
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Pound struggles as UK borrowing figures paint ‘dismal picture’ Daily Update
September 22 2026Pound (GBP) subdued as consumer sentiment hits three-year low The pound (GBP) struggled to find momentum yesterday after fresh data revealed that UK … read more
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Euro faces headwinds amid German election ‘disaster’ Daily Update
September 21 2026Pound (GBP) struggles despite retail sales rebound The pound (GBP) remained subdued at the end of last week, with GBP investors largely overlooking … read more
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Pound undermined by BoE’s decision to leave interest rates on hold Daily Update
September 18 2026Pound (GBP) slides as BoE holds rates steady The pound (GBP) weakened yesterday after the Bank of England (BoE) opted to leave interest rates … read more
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US dollar jumps following Fed rate hike Daily Update
September 17 2026Pound (GBP) weakens after UK inflation release The pound (GBP) lost ground during yesterday’s trading session as GBP markets appeared underwhelmed … read more