Daily Update

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

• Above Forecast UK Services PMI Boosts Pound Sterling Exchange Rates: GBP Rises on Signs of Resilient Economy Daily Update

  March 6 2018

  Pound Sterling Exchange Rates Boosted by Above Forecast Services PMI A better-than-expected UK services PMI for February gave Pound Sterling a boost … read more

• GBP Forecast: Theresa May’s Brexit Speech Weakens Pound to Euro Exchange Rate Daily Update

  March 2 2018

  Theresa May Brexit Speech Weighs on Pound Sterling Exchange Rates Theresa May’s Brexit speech caused jitters on Friday, leaving the Pound on weak … read more

• Fall in UK Manufacturing PMI to Eight-Month Low Weakens Pound Sterling Exchange Rates Daily Update

  Pound 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

• Turbulence for Pound Sterling Exchange Rates as Theresa May Rejects EU Brexit Text Over Irish Border Dispute Daily Update

  March 1 2018

  Pound Sterling Exchange Rates Slide as Irish Border Issue again Threatens Brexit Negotiations The Pound slumped yesterday after the UK government … read more

• Pound Sterling Exchange Rates Weakened as Officials Clash over Brexit Plans to Leave Customs Union Daily Update

  February 28 2018

  Pound Sterling Unsettled by Arguments over EU Customs Union Argument over the EU customs union kept the Pound on weak form yesterday International … read more

• Corbyn’s Support for New Customs Union Post-Brexit Weakens GBP Exchange Rates by Undermining Tory Support Daily Update

  February 27 2018

  BoE’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

• GBP Exchange Rate Forecast: Pound Sterling Ends Week on Strong Form as Markets Eye Brexit Speech Daily Update

  February 26 2018

  Lack 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

• Surprise Downwards Revision to UK GDP Estimate Weakens Pound Sterling Exchange Rates Daily Update

  February 23 2018

  Surprise UK Quarterly GDP Downgrade Weakens Pound Sterling Exchange Rates Pound Sterling was largely on weak form yesterday, after the second … read more

• Bank of England Forecasts Faster-than-Expected Pace of Rate Hikes but Pound Sterling Exchange Rates Weaken Daily Update

  February 22 2018

  More 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

• Pound Sterling Exchange Rates Boosted by Report UK Could Get Single Market Access after Brexit Daily Update

  February 21 2018

  Business Insider Brexit Report Boosts Pound Sterling Exchange Rates The Pound recorded strong gains against many of its peers yesterday, after a … read more