The pound (GBP) fell sharply on Thursday after the Bank of England (BoE) delivered a 25 basis point interest rate cut. Although the move was widely expected, Sterling weakened as investors were ...

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) 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 ...

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

The pound (GBP) outperformed many of its peers on Monday as markets remained optimistic that UK-US trade relations will remain stable under Trump’s leadership. This followed comments from Trump ...

The pound (GBP) remained largely rangebound on Friday, with a lack of key UK economic data leaving the currency without much impetus. Uncertainty surrounding the Bank of England’s (BoE) upcoming ...

The Bank of England’s (BoE) will deliver its latest interest rate decision on Thursday. While there is a general consensus that the bank will deliver a 25bps rate cut this month, uncertainty over the ...

The pound (GBP) was mostly muted yesterday amid an ongoing absence of UK economic data. However, easing UK government borrowing costs and recently announced pro-growth measures from Chancellor Rachel ...

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) 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 ...

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 ...

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 ...