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

The pound (GBP) held firm on Monday as markets reacted to Prime Minister Keir Starmer’s cabinet reshuffle following Deputy Prime Minister Angela Rayner’s exit late last week. Investors appeared ...

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 ...

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) spent Friday moving in step with broader risk appetite, with no major UK data releases to offer traders firmer guidance. This left the increasingly risk-sensitive currency climbing ...

The pound (GBP) was mixed yesterday as investors digested the Bank of England’s (BoE) interest rate decision. Although the bank struck a slightly more hawkish tone than expected, huge uncertainty over ...

The pound (GBP) gained ground yesterday after the UK’s August consumer price index revealed that headline inflation held steady at 3.8%, in line with forecasts. With CPI running at nearly twice the ...

The UK’s consumer price index release looks set to be the primary driver of movement in the pound (GBP) this week. If July’s inflation data points to further acceleration, markets may further scale ...

The pound (GBP) faltered at the end of last week, with Sterling sentiment being undermined by ongoing UK fiscal jitters. Growing concerns over UK debt have many GBP investors speculating on the extent ...

The increasingly risk-sensitive pound (GBP) managed to rise against some of its weaker, safer peers yesterday as the market mood turned positive. However, a lack of fresh data and Wednesday’s gloomy ...

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) traded without a clear trajectory yesterday, climbing against weaker rivals as markets digested mixed UK government borrowing data. Although public borrowing increased in September, ...