Daily Update
Daily updates on how key currencies are performing in the currency markets.
-
Pound faces fresh volatility as Starmer expected to announce exit plan Daily Update
June 22 2026Pound (GBP) mixed after Makerfield by-election result The pound (GBP) experienced mixed fortunes at the end of last week after Andy Burnham’s … read more
-
Pound faces fresh volatility following Burnham’s convincing by-election victory Daily Update
June 19 2026Pound (GBP) weakened by BoE policy announcement The pound (GBP) came under pressure against the majority of its peers on Thursday following the Bank … read more
-
GBP braced for volatility amid BoE decision and Makerfield by-election Daily Update
June 18 2026Pound (GBP) slides after UK inflation data The pound (GBP) weakened yesterday as investors digested a softer-than-expected UK consumer price … read more
-
Softer UK inflation sees GBP stumble Daily Update
June 17 2026Pound (GBP) unclear amid data lull The pound (GBP) moved within a wide range yesterday, as an absence of UK economic data left GBP lacking a clear … read more
-
US dollar plunges as US and Iran agree peace framework Daily Update
June 16 2026Pound (GBP) subdued amid election uncertainty The pound (GBP) remained largely rangebound yesterday as investor focus shifted towards the … read more
-
US dollar slides as US and Iran agree peace deal Daily Update
June 15 2026Pound (GBP) wavers following GDP contraction The pound (GBP) traded without a clear direction on Friday, as news that UK GDP shrank by 01% placed … read more
-
Pound subdued as UK economy contracts Daily Update
June 12 2026Pound (GBP) muted after ministerial resignation The pound (GBP) struggled to find support on Thursday in the wake of UK Defence Secretary John … read more
-
Euro to rise on ECB interest rate hike? Daily Update
June 11 2026Pound (GBP) firms despite data lull The pound (GBP) edged higher yesterday, with the UK currency finding support in spite of an absence of domestic … read more
-
US inflation could lift the US dollar today Daily Update
June 10 2026Pound (GBP) strengthens as gilt yields pull back The increasingly risk-sensitive pound (GBP) climbed yesterday, as an upbeat market mood helped the … read more
-
US dollar slides as Trump claims Iran peace deal is ‘two or three days’ away Daily Update
June 9 2026Pound (GBP) weighed down by higher gilt yields The pound (GBP) found it difficult to build momentum at the beginning of the week as UK borrowing … read more