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) 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 ...

(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) 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 ...

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 ...

The US dollar (USD) has suffered notable losses through the first half of this week, with Donald Trump’s early days in office proving negative for the American currency so far. However, movement has ...

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

The pound (GBP) faced headwinds yesterday as expectations for a Bank of England (BoE) interest rate cut next month gained momentum. While the potential for rate cuts helped stabilise Sterling during ...

This week will see the publication of the UK’s latest jobs report. The pound (GBP) may come under pressure if November’s employment and wage growth figures both fall short of expectations. The release ...

The pound (GBP) ended last week on the back foot as underwhelming UK retail sales figures added to concerns about the UK’s economic prospects. Data for December showed retail sales growth contracted ...

The pound (GBP) stumbled yesterday after the UK’s latest GDP data missed market forecasts. Although the UK economy recovered in November, GDP came in at a meagre 0.1%, below expectations for 0.2% ...