Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Fall in UK Manufacturing PMI to Eight-Month Low Weakens Pound Sterling Exchange Rates Daily Update
March 2 2018Pound Sterling Weakens as Manufacturing PMI Slips to Eight-Month Low Even though the Markit manufacturing PMI for February didn’t fall quite as … read more
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Turbulence for Pound Sterling Exchange Rates as Theresa May Rejects EU Brexit Text Over Irish Border Dispute Daily Update
March 1 2018Pound Sterling Exchange Rates Slide as Irish Border Issue again Threatens Brexit Negotiations The Pound slumped yesterday after the UK government … read more
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Pound Sterling Exchange Rates Weakened as Officials Clash over Brexit Plans to Leave Customs Union Daily Update
February 28 2018Pound Sterling Unsettled by Arguments over EU Customs Union Argument over the EU customs union kept the Pound on weak form yesterday International … read more
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Corbyn’s Support for New Customs Union Post-Brexit Weakens GBP Exchange Rates by Undermining Tory Support Daily Update
February 27 2018BoE’s Ramsden More Upbeat on Rate Hikes, but Corbyn’s Move to Outflank Tories Unsettles Pound Sterling Pound Sterling received a temporary boost … read more
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GBP Exchange Rate Forecast: Pound Sterling Ends Week on Strong Form as Markets Eye Brexit Speech Daily Update
February 26 2018Lack of UK Data Sees Pound Sterling Exchange Rates Rise on Anticipation of Next Week’s May Brexit Speech Pound Sterling ended the week on solid … read more
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Surprise Downwards Revision to UK GDP Estimate Weakens Pound Sterling Exchange Rates Daily Update
February 23 2018Surprise UK Quarterly GDP Downgrade Weakens Pound Sterling Exchange Rates Pound Sterling was largely on weak form yesterday, after the second … read more
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Bank of England Forecasts Faster-than-Expected Pace of Rate Hikes but Pound Sterling Exchange Rates Weaken Daily Update
February 22 2018More Upbeat Bank of England Interest Rate Forecasts Fail to Boost GBP Pound Sterling was largely on poor form yesterday, despite Bank of England … read more
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Pound Sterling Exchange Rates Boosted by Report UK Could Get Single Market Access after Brexit Daily Update
February 21 2018Business Insider Brexit Report Boosts Pound Sterling Exchange Rates The Pound recorded strong gains against many of its peers yesterday, after a … read more
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GBP Forecast: UK Economy Fears Weaken Pound Sterling Exchange Rates after Friday’s Poor Retail Data Daily Update
February 20 2018UK Economic Outlook Weakens Pound Exchange Rates after Friday’s Poor Retail Data Friday’s poor retail sales figures were continuing to weigh on … read more
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Pound Exchange Rates Slump as UK Retail Sales Data Disappoints Forecasts Daily Update
February 19 2018Pound Sterling Exchange Rates Weaken on Poor UK Retail Sales Data Weak retail sales figures undermined the Pound on Friday Sales excluding and … read more