Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US dollar strengthens as risk-off mood sweeps markets Daily Update
June 17 2024Pound (GBP) falls as market sentiment sours The pound (GBP) faced selling pressure on Friday as a souring market mood put pressure on the … read more
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US dollar firms as market sentiment sours Daily Update
June 14 2024Pound (GBP) uncertain amid lack of UK data The pound (GBP) moved without a clear direction yesterday as a lack of UK economic data kept the currency … read more
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US dollar tries to claw back losses following Federal Reserve decision Daily Update
June 13 2024Pound (GBP) subdued as UK economy stalls The UK’s latest GDP figures had little impact on the pound (GBP) yesterday, after they revealed that the … read more
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US dollar touches fresh one-month high ahead of Fed decision Daily Update
June 12 2024Pound (GBP) uncertain amid mixed employment report The pound (GBP) was mixed yesterday in the wake of the UK’s latest labour market … read more
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Euro slides amid EU political uncertainty Daily Update
June 11 2024Pound (GBP) muted amid lack of data The pound (GBP) was subdued yesterday amid an absence of UK economic data In addition, GBP investors were … read more
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US dollar soars as payrolls report smashes forecasts Daily Update
June 10 2024Pound (GBP) rallies amid market volatility The pound (GBP) enjoyed support on Friday, with the UK currency benefitting from volatility in the wake … read more
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Euro climbs as ECB says interest rates to remain ‘restrictive’ Daily Update
June 7 2024Pound (GBP) uncertain amid economic forecasts The pound (GBP) traded without a clear trajectory on Thursday, despite the British Chambers of … read more
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US dollar fluctuates on mixed US data Daily Update
June 6 2024Pound (GBP) finds modest support despite lacklustre PMI The pound (GBP) managed to gain ground against its weaker rivals yesterday, despite a lack … read more
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US dollar recovers from near two-month low Daily Update
June 5 2024Pound (GBP) unclear in absence of data The pound (GBP) was mixed yesterday as a lack of UK economic data left the currency without a clear … read more
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US dollar tumbles as manufacturing PMI declines Daily Update
June 4 2024Pound (GBP) subdued despite positive manufacturing PMI The pound (GBP) initially stumbled yesterday, with confirmation of an expansion in UK … read more