Daily updates on how key currencies are performing in the currency markets.
The UK will publish its latest GDP figures this week. Economists forecast January’s month-on-month figures will report a softening of growth, which may drag on the pound (GBP) in the latter half of ...
The pound (GBP) traded without any strong directional bias at the start of this week, with GBP exchange rates primarily influenced by the movement of the currency’s peers. Sterling was also left ...
The pound (GBP) climbed at the end of last week, taking advantage of the struggles of many of its currency counterparts. Further supporting Sterling’s gains was a spillover in market optimism from ...
UK Prime Minister Kier Starmer’s meeting with US President Donald Trump will be closely watched by GBP investors this week. A positive rapport between the two may be supportive of the pound (GBP) in ...
The pound (GBP) struggled for direction on Tuesday as investors held off on making any major moves ahead of the Bank of England’s (BoE) interest rate decision on Thursday. While a 25 basis point rate ...
The pound (GBP) fluctuated yesterday as Bank of England (BoE) Governor Andrew Bailey brushed off some strong UK jobs data. While wage growth accelerated to an eight-month high in the three months to ...
The pound (GBP) initially strengthened yesterday, as optimism over Germany’s new debt brake agreement sparked hopes of positive economic spillover for the UK. However, Sterling’s gains quickly faded, ...