Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound climbs as BoE confirms rate hikes may be necessary Daily Update
May 1 2026Pound (GBP) strengthens after BoE rate announcement The pound (GBP) rallied yesterday following the Bank of England's (BoE) latest policy … read more
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BoE and ECB decisions in the spotlight today Daily Update
April 30 2026Pound (GBP) muted as borrowing costs edge higher The pound (GBP) found it difficult to gain traction against stronger currencies yesterday as UK … read more
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Pound slips as political jitters hit UK bond market Daily Update
April 29 2026Pound (GBP) pressured by persistent political uncertainty The pound (GBP) came under pressure yesterday as concerns surrounding the Peter Mandelson … read more
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US dollar fluctuates as Middle East uncertainty dominates markets Daily Update
April 28 2026Pound (GBP) subdued amid weak retail outlook The pound (GBP) struggled to gain traction yesterday after figures pointed to a deterioration in UK … read more
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US dollar slides as Iran proposes offer to reopen the Strait of Hormuz Daily Update
April 27 2026Pound (GBP) subdued despite strong retail sales rebound The pound (GBP) traded without clear direction at the end of last week as investors digested … read more
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Euro falters as Eurozone private sector suffers worst decline since 2024 Daily Update
April 24 2026Pound (GBP) supported by strong PMI readings The pound (GBP) advanced against most of its peers during yesterday’s session after the UK’s latest … read more
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Pound mixed as UK inflation figures provide little impetus Daily Update
April 23 2026Pound (GBP) directionless after muted UK CPI The pound (GBP) traded without a clear trend yesterday, as the UK’s latest consumer price index … read more
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Pound fluctuates following mixed jobs data Daily Update
April 22 2026Pound (GBP) unsettled after labour market update The pound (GBP) experienced a volatile session yesterday in response to a mixed UK jobs report … read more
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US dollar fluctuates as Iran offers conflicting signals on peace talks Daily Update
April 21 2026Pound (GBP) muted as UK consumer confidence tumbles The pound (GBP) struggled for direction yesterday amid fresh evidence of a sharp deterioration … read more
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US dollar rallies as US seizure of Iranian ship triggers flight to safety Daily Update
April 20 2026Pound (GBP) muted as markets continue to unwind BoE tightening bets The pound (GBP) traded without clear direction against most of its peers at the … read more