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

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 ...

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) rose yesterday following better-than-expected UK GDP figures. The British economy expanded 0.1% in the fourth quarter of 2024, rather than contracting 0.1% as expected, easing ...

The pound (GBP) was subdued on Wednesday as markets reacted to the UK’s latest services PMI release. January’s finalised figures saw the crucial services sector revised lower, stoking concerns that ...

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) 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 ...

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 ...

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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 ...

The pound (GBP) struggled through yesterday’s session as ongoing concerns about the UK’s economic outlook weighed on sentiment. Despite upbeat growth projections from the National Institute of ...