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

The pound (GBP) lost ground at the end of last week, following a disappointing UK retail sales release. Although the June figures showed an improvement after May’s steep decline, the rebound missed ...

The pound (GBP) faltered at the end of last week, with Sterling sentiment being undermined by ongoing UK fiscal jitters. Growing concerns over UK debt have many GBP investors speculating on the extent ...

Impactful UK economic data is in short supply this week. This will likely leave Sterling sensitive to wider market trends, with the pound (GBP) potentially weakening if sentiment deteriorates in the ...

The UK’s latest inflation figures and labour market report are due out on Wednesday and Thursday respectively, with the pound (GBP) poised to tumble if these releases fuel Bank of England (BoE) ...

Pound (GBP) sinks after surprise GDP drop The pound (GBP) came under pressure late last week as UK GDP data revealed an unexpected 0.1% decline in May. This marked the second straight month of ...

Pound (GBP) climbs on mixed jobs data The pound (GBP) strengthened on Thursday, despite a mixed UK jobs report, which showed unemployment rising and wage growth slowing in May.

New Zealand dollar (NZD) undermined by RBNZ rate cut speculation The New Zealand dollar (NZD) also retreated in overnight trade, with the ‘kiwi’ being pressured by expectations of an interest rate cut ...

Euro (EUR) The European Central Bank’s (ECB) latest interest rate decision will serve as the primary catalyst for the euro (EUR) this week. The ECB is widely expected to leave its monetary policy ...

Turning to today, the spotlight falls on the UK’s latest consumer price index. Although inflation unexpectedly rose to 3.6% in June, this has failed to significantly lift the pound as investors await ...

The pound (GBP) traded with modest gains yesterday as an upbeat mood underpinned Sterling sentiment. However, the upside in GBP remained limited as investors continued to express concern over the UK’s ...

Investors were also spooked by the uptick in job losses across the services industry, which fuelled speculation that the Bank of England (BoE) may opt for further interest rate cuts.