Daily Update

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

• Pound Plummets Across the Board on Dovish BoE Daily Update

  August 4 2017

  Pound Sterling Plummets Following Dovish Bank of England Statement It was a terrible day for the Pound yesterday, as a dovish Bank of England policy … read more

• GBP USD Strikes Multi-Month High Ahead of BoE Policy Decision Daily Update

  August 3 2017

  Pound Sterling Looks to Service Sector PMI UK construction activity grew at its slowest pace for 11 months in July, it was reported yesterday The … read more

• Pound Rallies as UK Manufacturing Impresses Daily Update

  August 2 2017

  Pound Sterling Jumps on Upbeat Manufacturing PMI Result The Pound performed well yesterday as sentiment improved following a better-than-anticipated … read more

• Pound Sterling Hits New 10-Month High vs US Dollar Daily Update

  August 1 2017

  Pound Sterling Rises Ahead of UK Manufacturing PMI Report Month-end trading requirements allowed the Pound to appreciate against a raft of its major … read more

• GBP CAD Exchange Rate Tanks -100 Pips on Canadian GDP Report Daily Update

  July 31 2017

  Pound Sterling Sentiment Helped by Soothing Brexit Comments British sentiment improved slightly on Friday following soothing comments from UK … read more

• GBP USD Exchange Rate Touches 10-Month High Ahead of US GDP Report Daily Update

  July 28 2017

  Pound Sterling Buffeted by Upbeat Retail Report Sterling got off to a decent start yesterday as traders cheered the latest retail report from the … read more

• Pound US Dollar Touches 10-Month High Following Cautious Fed Daily Update

  July 27 2017

  Pound Sterling Survives Soft Q2 UK GDP The Pound avoided any significant losses yesterday, but did cede ground to some of the majors following the … read more

• Pound Could Weaken Following UK GDP Report Daily Update

  July 26 2017

  Demand for Pound Sterling Could Soften Following Q2 GDP Data The Pound plateaued versus the majors yesterday as traders paused for thought ahead of … read more

• Sterling Survives IMF Growth Downgrade Daily Update

  July 25 2017

  Demand for Pound Sterling Improves Despite IMF Growth Downgrade The Pound ticked higher versus some of the majors at the start of the week as … read more

• Pound Remains at Multi-Month Lows Daily Update

  July 24 2017

  Demand for Pound Remains Soft as UK Budget Deficit Widens Demand for the Pound remained weak on Friday as rising budget deficit data added to Brexit … read more