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

Pound (GBP) mixed amid BoE uncertainty The pound (GBP) was mixed yesterday as investors digested the Bank of England’s (BoE) interest rate decision. Although the bank struck a slightly more hawkish ...

The pound (GBP) saw mixed movement on Tuesday as markets digested the IMF’s latest health-check of the UK economy. Although the IMF nudged up its growth forecast for 2025 from 1.1% to 1.2%, it also ...

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 ...

The pound (GBP) gained ground yesterday as markets responded to the Bank of England’s (BoE) interest rate decision. The BoE held rates steady, as expected, with Governor Andrew Bailey pushing back ...

The pound (GBP) drifted sideways at the end of last week, as markets reacted to comments from Bank of England (BoE) Deputy Governor Dave Ramsden. Ramsden highlighted inflation risks but also hinted ...

Pound (GBP) firms on UK-US trade deal hopes The pound (GBP) rose against its safer rivals yesterday thanks to a risk-on mood and optimism around a UK-US trade deal.

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) found itself on the back foot yesterday amid ongoing fears that Donald Trump’s proposed trade tariffs will be harmful to the UK economy. Meanwhile, a lack of British data meant ...

Pound US dollar (GBP/USD) exchange rate fluctuates prior to US core PCE price index The pound US dollar exchange rate is rangebound this morning as markets await the latest high-impact US inflation ...

Pound US dollar (GBP/USD) strengthens amid cheery trade Article updated 14:00, 07/08/2024 The pound US dollar (GBP/USD) exchange rate is edging higher this afternoon amid an ongoing recovery in market ...

The pound (GBP) strengthened on Wednesday after the UK’s latest consumer price index reported an unexpected surge in inflation. The sharper-than-expected rise boosted Sterling as it diminished market ...