Daily Update

Daily updates on how key currencies are performing in the currency markets.

• Pound Fluctuates as UK Economists Predict Worst Recession among G7 Territories Daily Update

  January 4 2023

  Pound (GBP) Fluctuates as UK Economic Forecasts Darken The Pound (GBP) saw mixed trade yesterday, with Sterling making gains against weaker … read more

• What Might 2023 Have in Store for the Currency Market? Daily Update

  January 3 2023

  Pound (GBP) to Struggle amid Bleak Outlook for UK Economy The Pound (GBP) could face an uphill battle through 2023 amid a gloomy outlook for the UK … read more

• 2022: Another Dramatic Year in the Currency Market Daily Update

  December 30 2022

  Pound (GBP) Plagued by Cost of Living Crisis and Political Turmoil The Pound (GBP) faced significant pressure through 2022 Inflationary pressures … read more

• Pound Strengthens as UK Traders Return from Christmas Break Daily Update

  December 29 2022

  Pound (GBP) Firms as UK Stocks Rise The Pound (GBP) rallied through yesterday’s European session, amid an upswing in UK stocks as traders returned … read more

• Euro Undermined by Ukraine Concerns Daily Update

  December 28 2022

  Euro (EUR) Edges Down as Ukraine-Russia Conflict Concerns Increase The Euro (EUR) edged lower on Friday, as concerns around the Ukraine-Russia … read more

• Pound Slides as UK GDP Shrinks Further Daily Update

  December 23 2022

  Pound (GBP) Crumbles as UK GDP Revised Down The Pound (GBP) fell further yesterday as the third-quarter GDP data was revised lower than preliminary … read more

• Pound Sinks as Government Borrowing Soars Daily Update

  December 22 2022

  Pound (GBP) Slumps following Government Borrowing Figures The Pound (GBP) weakened across the board yesterday as UK government borrowing came in far … read more

• Euro and US Dollar Firm amid Downbeat Market Mood Daily Update

  December 21 2022

  Euro (EUR) Rises amid Risk-Off Mood The Euro (EUR) found some success yesterday as the downbeat market mood gave the safer single currency a … read more

• Pound Firms amid Optimistic Market Mood Daily Update

  December 20 2022

  Pound (GBP) Buoyed by Positive Market mood The Pound (GBP) traded with modest gains at the start of this week as an upbeat market mood helped to … read more

• Pound Undermined by Retail Sales Miss Daily Update

  December 19 2022

  Pound (GBP) Slips as Retail Sector Profits Tumble A vulnerable Pound (GBP) initially fell against its rivals on Friday An unexpected slump in … read more