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

The pound (GBP) was mostly muted yesterday amid an ongoing absence of UK economic data. However, easing UK government borrowing costs and recently announced pro-growth measures from Chancellor Rachel ...

The pound (GBP) remained largely flat on Tuesday following a key speech from UK Chancellor Rachel Reeves, in which she detailed plans to boost the country’s economic growth. Investor reactions ...

The pound (GBP) moved without clear direction yesterday as a lack of British economic data left the currency rudderless. Meanwhile, a souring mood saw GBP soften slightly against some of its safer ...

The pound (GBP) opened the week on solid footing, buoyed by optimism surrounding the UK government’s plans to stimulate growth through changes to planning regulations. This came despite a pessimistic ...

This week, both the Federal Reserve and the European Central Bank (ECB) will announce their latest interest rate decisions. A hawkish hold from the Fed and a dovish cut from the ECB could see the US ...

The pound (GBP) strengthened at the close of last week’s session after the UK’s services PMI exceeded forecasts in December. Sterling investors also took note of mounting inflationary pressures within ...

Notable UK economic releases are in short supply this week, which may leave the pound (GBP) exposed to wider market trends. A cautious mood could see Sterling come under pressure. The European Central ...

The pound (GBP) traded mostly sideways yesterday as a lack of notable UK economic data left Sterling without a clear directional bias. GBP investors shrugged off some gloomy data from the ...

(Updated 13:00, 24/01/25) The US dollar (USD) has suffered notable losses this week, with Donald Trump’s early days in office proving negative for the American currency so far. Trump has taken a ...

The pound (GBP) faced downward pressure yesterday following the release of the UK’s latest public borrowing data. Figures showed the government borrowed more than anticipated in December, exacerbating ...

The pound (GBP) trended lower during yesterday’s session following a mixed labour market report for the three months to November. Although British wage growth accelerated, as forecast, the UK ...