Daily Update
Daily updates on how key currencies are performing in the currency markets.
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US dollar slumps amid Middle East peace hopes Daily Update
April 1 2026Pound (GBP) directionless after GDP release The pound (GBP) lacked clear momentum yesterday, though it edged higher against some weaker counterparts … read more
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US dollar extends winning streak as Middle East crisis remains in the spotlight Daily Update
March 31 2026Pound (GBP) pressured by UK growth concerns The pound (GBP) faced headwinds at the beginning of the week, with a lack of meaningful data leaving … read more
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US dollar ends the week strong amid uncertainty in the Middle East Daily Update
March 30 2026Pound (GBP) pressured by weak retail sales data The pound (GBP) weakened towards the close of last week after the latest UK retail sales figures … read more
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US dollar continues marching higher amid risk aversion Daily Update
March 27 2026Pound (GBP) subdued amid sparse data The pound (GBP) traded with little conviction yesterday, though it did manage to tick higher against some … read more
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US dollar rises as Iran pushes back on reports of peace talks Daily Update
March 26 2026Pound (GBP) unsettled after CPI data The pound (GBP) traded unevenly yesterday, with markets largely shrugging off the UK’s latest consumer price … read more
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GBP and EUR uncertain as markets digest PMI surveys Daily Update
March 25 2026Pound (GBP) mixed as markets assess PMIs The pound (GBP) traded unevenly yesterday as investors reacted to the UK’s preliminary PMIs for … read more
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US dollar nosedives as Trump hails ‘very good and productive’ talks with Iran Daily Update
March 24 2026Pound (GBP) rebounds as stability returns to UK bond markets The pound (GBP) emerged as one of Monday’s better performers, recovering the bulk of … read more
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Pound tumbles amid UK bond market turmoil Daily Update
March 23 2026Pound (GBP) weighed down by surge in UK borrowing costs The pound (GBP) came under significant pressure at the end of last week as volatility … read more
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Pound strengthens as BoE signals potential rate hike in the coming months Daily Update
March 20 2026Pound (GBP) climbs after BoE rate decision The pound (GBP) surged on Thursday after the Bank of England (BoE) unanimously voted to … read more
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BoE and ECB to announce rate decisions today amid Middle East crisis Daily Update
March 19 2026Pound (GBP) lacks direction ahead of BoE announcement The pound (GBP) remained without a clear trend yesterday, extending this week’s indecisive … read more