Daily Update
Daily updates on how key currencies are performing in the currency markets.
-
Pound Loses Daily Gains during Overnight Trade Daily Update
September 29 2017Pound Sterling Rebounds on Hopes of Progress in Brexit Talks Bank of England (BoE) Governor Mark Carney may have warned yesterday that Brexit was … read more
-
GBP Unsettled as Free-Trade Hopes Knocked by US Bombardier Tariff Daily Update
September 28 2017US Tariffs on Planes Manufactured in NI Weigh on GBP A trade dispute between Boeing and Bombardier caused jitters for the Pound The US Department of … read more
-
GBP/EUR Hits 10-Week High Daily Update
September 27 2017Pound Sterling Flat as Former BoE Official Describes UK as ‘Sick Man of Europe’ The Pound traded fairly smoothly yesterday, despite claims from … read more
-
Pound Euro Exchange Rate Rallies as German Election Creates Political Uncertainty Daily Update
September 26 2017Pound Sterling Unscathed by Moody’s Credit Rating Downgrade Over the weekend Moody’s cut the UK credit rating by one notch from Aa1 to Aa2, … read more
-
Sterling Exchange Rates Slip on UK PM Theresa May’s Brexit Speech Daily Update
September 25 2017Pound Sterling Slips on UK PM Theresa May’s Brexit Speech Sterling slipped versus the majors on Friday following UK Prime Minister Theresa May’s … read more
-
Anticipating Theresa May Offer, Sterling Posts Strong Gains vs Commodity Bloc Daily Update
September 22 2017Pound Sterling Registers Gains on Brexit Update Following sanguine UK government borrowing figures in the morning, Sterling popped during the … read more
-
GBP USD Exchange Rate Touches New 14-Month High During Fed Announcement Daily Update
September 21 2017Pound Sterling Gains as UK Retail Sales Impress The Pound raced ahead to early gains yesterday morning following sanguine UK retail sales data The … read more
-
Pound US Dollar Exchange Rate Flat Ahead of Fed Statement Daily Update
September 20 2017Pound Softens Slightly Ahead of UK Retail Sales Report Demand for the Pound moderated yesterday as investors continued to digest the recent shift in … read more
-
Sterling Slips on Carney Interest Rate Comments Daily Update
September 19 2017BoE Governor Mark Carney Talks of ‘Gradual and Limited’ Rate Rises Demand for the Pound cooled slightly yesterday following two days of sturdy … read more
-
Sterling Racks Up Massive Gains as BoE Official Hints at Rate Hike Daily Update
September 18 2017BoE Official Boosts Sterling with Talk of Rate Hikes The Pound registered gains across the board on Friday as rising rate hike bets increased demand … read more