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

The pound (GBP) faced notable selling pressure on Wednesday, initially falling after weaker-than-expected inflation data reinforced expectations for a Bank of England (BoE) rate cut in May. Sterling ...

The increasingly risk-sensitive pound (GBP) was mixed during yesterday’s session, as the cheery market mood saw it firm against safer peers while struggling against riskier rivals. Meanwhile, a larger ...

Chancellor Rachel Reeves will unveil her Spring Statement on Wednesday, with expected spending cuts and downgraded growth forecasts potentially weighing on the pound (GBP). At the time of writing, GBP ...

The pound (GBP) struggled for support at the end of last week after UK public sector borrowing came in higher than expected for February. Economists warn that the latest increase could push Chancellor ...

There are several UK economic releases of note this week, including last month’s inflation figures. However, this might be overshadowed by the unveiling of UK Chancellor Rachel Reeves’s Spring ...

The pound (GBP) climbed higher yesterday as investors reacted positively to the UK’s latest PMI reports. Markets were particularly encouraged by a surprise jump in the services PMI, with activity in ...

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) initially strengthened yesterday, as optimism over Germany’s new debt brake agreement sparked hopes of positive economic spillover for the UK. However, Sterling’s gains quickly faded, ...

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) 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 ...