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Daily Update Daily updates on how key currencies are performing in the currency markets.
Pound (GBP) slips as UK fiscal concerns mount The pound (GBP) edged lower at the end of last week as renewed worries about the UK’s economic outlook weighed on investor sentiment. A warning from ...
Pound (GBP) pressured by dovish BoE remarks The pound (GBP) tumbled through Wednesday’s session, after the Bank of England’s (BoE) Alan Taylor suggested the UK’s ‘deteriorating’ economic outlook ...
Movement in the pound (GBP) was uncertain yesterday as a lack of notable UK economic data left Sterling rudderless. The prospect of a rebellion among Labour MPs over proposed welfare cuts also seemed ...
Pound (GBP) dips as real incomes decline The pound (GBP) weakened at the start of this week, despite confirmation that the UK economy was the fastest-growing economy in the G7 in the first quarter.
US dollar (USD) A key focus for USD investors this week will be the latest US payroll figures. Economists forecast the number of jobs added last month will have fallen again, which could see the US ...
The euro (EUR) found support on Friday amid speculation that a trade deal between the EU and US may be close. This optimism helped the single currency shrug off a weaker-than-expected Eurozone ...
Pound (GBP) struggles for direction after BoE comments The pound (GBP) traded without a clear direction on Thursday following mixed signals from Bank of England (BoE) Governor Andrew Bailey. Bailey ...
However, the greenback slipped after reports emerged that US President Donald Trump may announce his preferred candidate for Federal Reserve Chair earlier than expected, with USD investors raising ...
The pound (GBP) strengthened against its safer rivals yesterday thanks to Sterling’s increasingly risk-sensitive nature, with markets cheered by the Israel-Iran ceasefire agreement. GBP was also ...
The pound (GBP) advanced on Monday amid a broadly positive response to the UK’s new industrial strategy. Hopes that measures such as reduced energy costs and expanded training initiatives could boost ...
Following a small bump in the pound (GBP) from the UK’s latest PMI figures, GBP investors will look to comments by Bank of England (BoE) Governor Andrew Bailey for fresh impetus this week. If he ...