Daily Update
Daily updates on how key currencies are performing in the currency markets.
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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
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US dollar retreats amid cooler producer price inflation Daily Update
January 15 2025Pound (GBP) softens amid tax hike fears The pound (GBP) weakened during yesterday’s session, despite UK bond markets remaining relatively … read more
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US dollar spikes to new multi-month highs as markets trim Fed rate cut bets Daily Update
January 14 2025Pound (GBP) under pressure amid bond market volatility The pound (GBP) stumbled at the start of the week, sliding to fresh multi-month lows as UK … read more
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US dollar storms to multi-year highs as US payrolls smash expectations Daily Update
January 13 2025Pound (GBP) slips amid fresh debt concerns The pound (GBP) weakened late last week as rising UK borrowing costs once again spooked investors The … read more
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Pound extends downside amid bond market panic Daily Update
January 10 2025Pound (GBP) slides amid bond market turmoil The pound (GBP) faced ongoing selling pressure yesterday as the UK bond market selloff continued, with … read more
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US dollar surges amid fresh Trump tariff fears Daily Update
January 9 2025Pound (GBP) struggles amid UK debt concerns The pound (GBP) faced headwinds yesterday, weighed down by rising concerns over the impact of climbing … read more
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US dollar rebounds as services PMI beats forecasts Daily Update
January 8 2025Pound (GBP) subdued in absence of data The pound (GBP) was subdued yesterday as a lack of UK economic data left Sterling rudderless As a result, … read more
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US dollar plummets on Trump tariff optimism Daily Update
January 7 2025Pound (GBP) muted as services PMI disappoints The pound (GBP) struggled for direction yesterday, following the release of the UK’s latest services … read more
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Pound drops following BoE decision Daily Update
December 20 2024Pound (GBP) drops following BoE decision The pound (GBP) slid yesterday following the Bank of England’s (BoE) final interest rate decision of … read more