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

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 ...

Bank of England (BoE) Governor Andrew Bailey will testify before the Treasury select committee this week. Some analysts expect Bailey’s forward guidance will see some hawkish adjustment in the wake of ...

The pound (GBP) traded without a clear direction yesterday as a lack of UK data left Sterling rudderless. Additionally, a gloomy market mood put pressure on the increasingly risk-sensitive pound, ...

The pound (GBP) trended broadly higher through yesterday’s session as a general sense of optimism in Europe underpinned the currency. Sterling also found support from the UK’s latest manufacturing PMI ...

The pound (GBP) strengthened against many of its peers yesterday amid hopes that the UK is less vulnerable to US tariffs than other economies. US trade policy is expected to have a notably negative ...

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) 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) wavered on Friday amid fresh Bank of England (BoE) interest rate cut speculation. Despite comments from BoE Chief Economist Huw Pill on Thursday urging caution on further rate cuts, ...

The pound (GBP) traded erratically at the end of last week, reacting to a blend of positive and negative UK economic data. While UK retail sales smashed expectations and February’s preliminary ...

The pound (GBP) advanced during yesterday’s session, benefitting from weakness in several of its major counterparts. Sterling’s gains were underpinned by optimism that the UK may avoid significant ...

The pound (GBP) struggled for direction yesterday, despite the UK’s latest consumer price index revealing inflation accelerated to 3% in January. Sterling remained under pressure as the ...