The pound (GBP) remained listless at the close of last week, weighed down by the ongoing absence of meaningful UK economic releases. Sterling also faced headwinds from doubts over the successful ...

The pound (GBP) slumped during yesterday’s session, as a disappointing UK jobs report bolstered Bank of England (BoE) interest rate cut expectations. Unemployment in the UK rose from 4.5% to 4.6% in ...

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

The pound (GBP) rose against its safer rivals yesterday thanks to a risk-on mood and optimism around a UK-US trade deal. However, GBP’s upside potential was capped by cooler-than-forecast wage growth ...

The Pound US Dollar (GBP/USD) exchange rate is firming this afternoon as underwhelming US jobs data signalled a cooling labour market. The figures tempered rate hike bets from the Federal Reserve, ...

The Pound Canadian Dollar (GBP/CAD) exchange rate is trading narrowly this morning. Fears of soaring interest rates could tip the UK into a recession weigh heavy. At time of writing, the GBP/CAD ...

The release of the UK’s latest PMIs will be the primary focus for GBP investors this week. If April’s preliminary figures report growth in the vital services sector remains resilient, the pound (GBP) ...

Aside from this morning’s finalised GDP figures, notable UK economic data is in short supply this week. This may leave the pound (GBP) to take its cues from wider market trends. An optimistic mood may ...

Article updated 16:20, 1/5/2024: The pound euro (GBP/EUR) exchange rate is remaining flat this afternoon, amid a lack of further data catalysts. As such, the pound has been unable to gain ground over ...

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 ...

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) trended lower during yesterday’s session following a mixed labour market report for the three months to November. Although British wage growth accelerated, as forecast, the UK ...