Tag: Exchange Rate
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Pound plunges after UK economy stagnates in January Daily Update
March 16 2026Pound (GBP) drops as UK growth falters The pound (GBP) ended last week’s session on a weaker footing after the UK’s latest GDP release showed … read more
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US dollar recovers as market mood sours Daily Update
March 12 2026Pound (GBP) trades unevenly amid data drought The pound (GBP) moved within a broad range yesterday as the continued absence of UK economic releases … read more
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US inflation to infuse USD with volatility today? Daily Update
March 11 2026Pound (GBP) directionless amid sparse UK data The pound (GBP) was mixed yesterday as the absence of UK economic releases left the currency without … read more
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US dollar slips as risk aversion eases Daily Update
March 5 2026Pound (GBP) directionless after services PMI The pound (GBP) traded in mixed fashion yesterday as investors digested the UK’s final services PMI … read more
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US dollar soars as conflict escalates in the Middle East Daily Update
March 4 2026Pound (GBP) supported as markets dial back BoE rate cut bets The pound (GBP) moved within a broad range yesterday but still advanced against several … read more
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Political uncertainty to put the pound on the back foot? Daily Update
February 26 2026Pound (GBP) lifted by upbeat market sentiment The increasingly risk-sensitive pound (GBP) advanced against its traditional safe-haven counterparts … read more
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Pound rallies after hawkish BoE signals Daily Update
February 25 2026Pound (GBP) strengthens on BoE commentary The pound (GBP) traded unevenly for much of yesterday’s session before gaining traction later in the … read more
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Pound Sterling sinks as jobless rate climbs to five-year peak Daily Update
February 18 2026Pound (GBP) dives on mounting BoE rate cut expectations The pound (GBP) tumbled on Tuesday after downbeat UK labour market figures reinforced … read more
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US dollar surges on payrolls surprise Daily Update
February 12 2026Pound (GBP) wavers amid data vacuum The pound (GBP) fluctuated significantly yesterday, with a dearth of domestic economic statistics leaving … read more
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Upcoming BoE and ECB policy updates take centre stage Daily Update
February 5 2026Pound (GBP) fluctuates following downward PMI adjustment The pound (GBP) moved within a limited range yesterday as market participants digested the … read more