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

The pound South African rand (GBP/ZAR) exchange rate is falling this morning, as South African inflation remains unchanged. At the time of writing, GBP/ZAR is trading at around ZAR22.8393, a fall of ...

The pound (GBP) traded sideways on Wednesday, finding stability after the sharp losses seen during the previous session. Comments from Bank of England (BoE) Governor Andrew Bailey, in which he ...

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) traded without a clear direction yesterday, with general market volatility causing GBP to waver. Meanwhile, investors largely brushed off a larger-than-expected drop in retail sales ...

The pound (GBP) pushed higher yesterday, with Sterling attracting renewed demand after slipping into what looked like oversold territory. Further support came from the UK’s final services PMI, which ...

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) traded without a clear direction yesterday as a lack of UK data left Sterling rudderless. Additionally, a gloomy market mood put pressure on the increasingly risk-sensitive pound, ...

The pound (GBP) initially wavered last week as UK markets closed in observance of the British bank holiday. On Tuesday, GBP investors mostly shrugged off an unexpected decline in the Confederation of ...

The pound (GBP) was left to trade without a strong directional bias on Friday as GBP investors digested the Bank of England’s (BoE) latest Financial Stability Report. The BoE reported that while risks ...

A lack of UK data left the increasingly risk-sensitive pound (GBP) to be driven by the market mood yesterday, with GBP rising against safer peers while falling against riskier rivals. Meanwhile, ...

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 ...