Daily Update

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

• Pound Exchange Rates Climb after US Data Sparks Further Inflation Fears Daily Update

  February 16 2018

  Market Reluctance to Buy US Dollar Benefits Pound Sterling Pound Sterling was on strong form yesterday as widespread weakness in the US Dollar … read more

• Mild Gains Seen for Pound Exchange Rates as Strong US Inflation Fuels Stock Market Volatility Daily Update

  February 14 2018

  Pound Sterling Exchange Rates Mixed as Boris Johnson Speech Presses ‘Hard Brexit’ Agenda The Pound was on mixed form yesterday, with a lack of … read more

• Pound Sterling Exchange Rates Rise as Strong Inflation Data Boosts Bank of England Rate Hike Odds Daily Update

  Strong Inflation Data Boosts Pound Sterling Exchange Rates after Lifting May Rate Hike Odds Pound Sterling was on strong form versus most of its … read more

• Pound Sterling Forecast: GBP/EUR, GBP/USD Exchange Rates Struggling before UK Inflation Data Daily Update

  February 13 2018

  BoE Policymaker Hints at Rate Hike but Pound Sterling (GBP) Exchange Rates Dip Although Bank of England (BoE) policymaker Gertjan Vlieghe supported … read more

• Pound Exchange Rates Tumble after EU Official's Warning Daily Update

  February 12 2018

  Pound Sterling Exchange Rates Tumble on EU Barnier’s Transitional Agreement Warning The Pound slumped on Friday after EU chief Brexit negotiator … read more

• GBP Exchange Rates Rocket as Bank of England Ponders Accelerating Rate Hikes Daily Update

  February 9 2018

  Upbeat Bank of England Outlook on Interest Rates Sends Pound Sterling Shooting Higher Pound Sterling surged yesterday, with the latest Bank of … read more

• USD Exchange Rates Strong as Fed Policymakers Calm Market Fears after Stock Rout Daily Update

  February 8 2018

  Pound Exchange Rates Sink but Rebound as Cabinet Meets to Discuss Brexit Strategy Market fears over Brexit dragged the Pound lower the start of the … read more

• GBP/NZD Down Nearly -1% as Dairy Prices Leap 5.9% Daily Update

  February 7 2018

  Lack of Brexit Clarity Returns to Weigh on Pound Sterling Exchange Rates Brexit woes continued to weigh on Pound Sterling yesterday, after an … read more

• 16-month Low for UK Services PMI Causes Pound Sterling Tumble Daily Update

  February 6 2018

  Service PMI Slump Compounds Pound Sterling Woes as Official Signals Exit from EU Customs Union Brexit fears and poor UK economic data dragged the … read more

• GBP Weakened as Construction PMI Barely Avoids Contraction, USD Surges on Labour Data Daily Update

  February 5 2018

  Poor UK Construction Data Weighs on Pound Sterling Exchange Rates Pound Sterling was on mixed form at the end of last week and even strong gains … read more