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) struggled through yesterday’s session as ongoing concerns about the UK’s economic outlook weighed on sentiment. Despite upbeat growth projections from the National Institute of ...

The pound (GBP) initially weakened yesterday before regaining ground in the afternoon. Some dip-buying seemed to support Sterling after GBP struck multi-day lows against many of its peers. This ...

The pound (GBP) weakened throughout yesterday’s session as investors continued to price in further interest rate cuts from the Bank of England (BoE) this year. However, Sterling showed resilience ...

The pound (GBP) edged higher at the end of last week after Bank of England (BoE) Chief Economist Huw Pill struck a hawkish tone in his latest comments. Pill’s suggestion that the BoE isn’t ready to ...

This week sees the publication of the UK’s latest GDP figures, which could pull the pound (GBP) lower if they reveal that economic growth stalled or even contracted in the last quarter of 2024.

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

The pound (GBP) moved without clear direction yesterday as a lack of British economic data left the currency rudderless. Meanwhile, a souring mood saw GBP soften slightly against some of its safer ...

This week, both the Federal Reserve and the European Central Bank (ECB) will announce their latest interest rate decisions. A hawkish hold from the Fed and a dovish cut from the ECB could see the US ...

The pound (GBP) remained largely flat on Tuesday following a key speech from UK Chancellor Rachel Reeves, in which she detailed plans to boost the country’s economic growth. Investor reactions ...

The pound (GBP) was subdued on Wednesday as markets reacted to the UK’s latest services PMI release. January’s finalised figures saw the crucial services sector revised lower, stoking concerns that ...

The pound (GBP) opened the week on solid footing, buoyed by optimism surrounding the UK government’s plans to stimulate growth through changes to planning regulations. This came despite a pessimistic ...