Daily Update

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

• Sterling Soars Across the Board as BoE Hints at November Rate Hike Daily Update

  September 15 2017

  Hawkish BoE Minutes Spur Rate Hike Bets Sterling surged higher across the board yesterday following a hawkish statement from the Bank of England … read more

• Pound Softens Ahead of BoE Report as UK Wages Stutter Daily Update

  September 14 2017

  Negative Real Wage Growth Weighs on Sterling Negative real wage growth overshadowed the latest fall in British unemployment yesterday and led to a … read more

• Sterling Soars as Above-Forecast Inflation Data Boosts Rate Hike Bets Daily Update

  September 13 2017

  Pound Boosted by Above Forecast Inflation Data Pound Sterling rocket yesterday after the latest UK consumer price index figures show that price … read more

• Pound Rises as Markets Judge Brexit Risks Fully Priced-in Daily Update

  September 12 2017

  Pound Edges Higher as Markets See GBP Weakness as Overdone The Pound was largely on strong form yesterday, despite a lack of UK data to provide … read more

• Strong UK GDP Estimate Boosts Pound Sterling Daily Update

  September 11 2017

  Pound Sterling Boosted by Strong UK Data Friday’s slew of UK data is overwhelmingly positive, allowing the Pound to gain sharply versus its major … read more

• Pound Remains Sluggish as EU Repeal Bill Debate Continues Daily Update

  September 8 2017

  Pound Sluggish as Government EU Repeal Bill Debate Continues The Pound was on sluggish form yesterday as the Parliamentary debate over the … read more

• How will GBP/EUR Respond to ECB Rate Decision? Daily Update

  September 7 2017

  Pound Static Ahead of Trade Data A lack of UK news left the Pound trading fairly limply on Wednesday, with the main movements in GBP exchange rates … read more

• Pound Creeps Higher Despite Poor UK Data Daily Update

  September 6 2017

  Pound Resilient Despite Services Slowdown Yesterday’s UK services PMI failed to impress, but that didn’t stop the Pound registering gains … read more

• Sterling Suffers Ahead of Service Sector PMI Report Daily Update

  September 5 2017

  Pound Struggling Ahead of UK Services PMI The Pound tumbled across the board yesterday as investors sold Sterling ahead of this morning’s dominant … read more

• 'Cable' Strengthens on Disappointing US NFP Report Daily Update

  September 4 2017

  Pound Sterling Rallies on Robust UK Manufacturing Survey The Pound registered gains versus some of its most-traded currency peers on Friday … read more