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The pound (GBP) closed on a positive note last week following the release of encouraging UK GDP data, which showed the economy expanded by 0.5% in February. Despite the headline growth, analysts ...
The pound (GBP) faced uncertain trade on Thursday as a lack of UK data left the currency exposed to wider market trends. This saw Sterling rally against its weaker peers while sliding against stronger ...
The pound (GBP) stumbled on Wednesday, pressured by growing unease surrounding the UK’s debt markets. Yields on 30-year gilts surged to levels not seen since 1998, surpassing those reached during ...
The pound (GBP) opened this week on the defensive amid fresh concerns that a UK-US trade deal may be slipping further out of reach. While the UK continues to push for tariff exemptions, speculation is ...
The pound (GBP) lacked a clear direction yesterday amid an absence of UK economic data. While the increasingly risk-sensitive currency rose against its safer peers, it struggled elsewhere. Dashed ...
This week sees the publication of the UK’s latest GDP data. February’s month-on-month figures are expected to report the UK economy returned to growth, which may bolster the pound (GBP) at the end of ...
The US will publish its latest consumer price index on Thursday, with the release potentially injecting further volatility into currency markets after a chaotic week. At the time of writing, the US ...
The pound (GBP) weakened throughout Thursday’s European session after the UK’s latest services PMI missed forecasts. March’s finalised reading showed slower growth in the key services sector than ...
The pound (GBP) stumbled against most of its peers on Friday, pressured by renewed trade concerns. The dip in GBP came as the UK government hinted at possible retaliatory measures against US President ...
Daily updates on how key currencies are performing in the currency markets.
The UK will publish its latest GDP figures this week. Economists forecast January’s month-on-month figures will report a softening of growth, which may drag on the pound (GBP) in the latter half of ...
The pound (GBP) enjoyed some success yesterday, with GBP primarily benefiting from depreciation in rival currencies. While increasingly hostile global trade policies are expected to hit the UK economy ...
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