Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound falters as UK retail sales fall sharply Daily Update
May 22 2026Pound (GBP) pressured by shrinking UK services activity The pound (GBP) remained on the back foot through yesterday’s trading session after the … read more
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Slowing services PMI could weigh on GBP today Daily Update
May 21 2026Pound (GBP) shrugs off softer inflation data The pound (GBP) ticked higher against its weaker peers yesterday, as GBP investors looked past a … read more
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Pound unfazed by softer UK inflation Daily Update
May 20 2026Pound (GBP) gains ground in spite of weak jobs figures The pound (GBP) was able to edge higher against its weaker peers yesterday, despite … read more
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Pound rallies as market anxiety eases Daily Update
May 19 2026Pound (GBP) rebounds as political concerns ease The pound (GBP) strengthened yesterday as investors grew less anxious about the UK’s uncertain … read more
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US dollar hits five-week highs amid risk-off mood and rate hike bets Daily Update
May 18 2026Pound (GBP) subdued amid ongoing political jitters The pound (GBP) remained under pressure on Friday, with Sterling still reeling … read more
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Pound remains suppressed as Streeting’s resignation piles pressure on Starmer Daily Update
May 15 2026Pound (GBP) falls despite robust GDP data The pound (GBP) weakened yesterday afternoon amid speculation over whether Prime Minister Keir Starmer … read more
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UK GDP fails to boost the pound amid Labour leadership crisis Daily Update
May 14 2026Pound (GBP) shaken by persistent uncertainty The pound (GBP) remained under pressure yesterday as ongoing political uncertainty in the UK continued … read more
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US dollar firms amid risk aversion and rising US inflation Daily Update
May 13 2026Pound (GBP) weakens as Starmer’s position remains uncertain The pound (GBP) came under pressure yesterday as mounting numbers of MPs urged Prime … read more
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Pound retreats as members of Starmer’s cabinet call for his resignation Daily Update
May 12 2026Pound (GBP) weakened by mounting political pressure on Starmer The pound (GBP) began the week on the back foot amid renewed uncertainty surrounding … read more
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Pound retreats as Starmer’s premiership hangs in the balance Daily Update
May 11 2026Pound (GBP) wavers amid UK political uncertainty The pound (GBP) showed surprising resilience at the close of last week, despite significant Labour … read more