Daily updates on how key currencies are performing in the currency markets.
The pound (GBP) fell to multi-month lows yesterday as growing unease over the upcoming autumn budget dragged on Sterling. Reports that the Office for Budget Responsibility (OBR) is preparing to slash ...
The pound (GBP) firmed on Thursday after the Bank of England (BoE) opted to keep interest rates unchanged at its latest policy gathering. Although the move was broadly priced in, it revealed a split ...
The pound (GBP) steadied at the end of last week, supported by a series of stronger-than-expected UK economic reports. Robust retail sales and PMI figures helped ease speculation that the Bank of ...
The pound (GBP) remained under pressure yesterday, with Sterling sentiment still dampened by Wednesday’s disappointing inflation figures. With price growth now appearing to have peaked below the Bank ...
The pound (GBP) edged higher yesterday as a brighter global risk mood helped lift Sterling sentiment. That said, another contraction in UK retail sales volumes this month limited the pound’s advance, ...
The pound (GBP) weakened against its major peers yesterday after Chancellor Rachel Reeves used a pre-budget address to prepare markets for potential tax increases. Expectations of tighter fiscal ...
The pound (GBP) remained under pressure yesterday, with GBP/EUR tumbling to its lowest level in almost two and a half years, as investors grew increasingly anxious ahead of Chancellor Rachel Reeves’s ...
The Bank of England (BoE) is due to announce its latest interest rate decision later this week. While markets widely expect the bank to keep rates unchanged, the pound (GBP) could face additional ...
The pound (GBP) traded without a clear direction yesterday as a lack of UK economic releases left Sterling struggling for momentum. While concerns surrounding the upcoming autumn budget weighed on the ...
With UK data releases thin on the ground this week, market attention may shift to Chancellor Rachel Reeves’s upcoming autumn budget. Any lingering fiscal concerns could weigh further on the pound (GBP ...
The pound (GBP) struggled to attract support yesterday, amid the anxiety surrounding Chancellor Rachel Reeves’s autumn budget. These concerns were compounded by calls for the Chancellor to resign for ...