Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Pound underpinned by upbeat UK GDP figures Daily Update
October 14 2024Pound (GBP) buoyed by rebound in UK GDP The pound (GBP) edged higher at the end of last week, as GBP investors welcomed the release of the UK’s … read more
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US dollar wavers following inflation figures Daily Update
October 11 2024Pound (GBP) stumbles amid fresh budget jitters The pound (GBP) was unable to sustain its recovery yesterday as fresh fears over the UK’s looming … read more
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US dollar rallies following Fed minutes Daily Update
October 10 2024Pound (GBP) supported by budget hopes The pound (GBP) trended broadly higher through yesterday’s session, supported by reports suggesting that UK … read more
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Pound snaps losing streak but recovery looks limited Daily Update
October 9 2024Pound (GBP) crawls higher following recent selloff The pound (GBP) managed to rise against its weaker rivals yesterday, despite a lack of data, as … read more
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GBP/USD slips to three-week low amid BoE rate cut speculation Daily Update
October 8 2024Pound (GBP) slips amid rising BoE rate cut expectations The pound (GBP) got off to a poor start this week, amid growing bets the Bank of England … read more
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US dollar soars as US payrolls smash expectations Daily Update
October 7 2024Pound (GBP) firms as BoE Pill tempers rate cut bets The pound (GBP) mounted a recovery at the end of last week’s session, following comments by … read more
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Pound plummets as BoE Governor hints at more ‘aggressive’ rate cuts Daily Update
October 4 2024Pound (GBP) collapses following BoE Bailey comments The pound (GBP) plunged on Thursday as markets responded to recent comments from Bank of England … read more
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US dollar bolstered by stronger-than-expected US jobs data Daily Update
October 3 2024Pound (GBP) sidelined by potential infrastructure cuts The pound (GBP) traded in a narrow range yesterday amid fresh concern over the UK’s … read more
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US dollar rises amid Middle East fears Daily Update
October 2 2024Pound (GBP) muted as UK business confidence declines The pound (GBP) was mixed yesterday, with Sterling struggling against its stronger peers, … read more
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Euro slides as German inflation cools rapidly Daily Update
October 1 2024Pound (GBP) gains capped as UK GDP revised down The pound (GBP) firmed through yesterday’s session as a broadly upbeat market mood reflected … read more