Daily Update
Daily updates on how key currencies are performing in the currency markets.
-
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
-
Sterling Soars Across the Board as BoE Hints at November Rate Hike Daily Update
September 15 2017Hawkish 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 2017Negative 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 2017Pound 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 2017Pound 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 2017Pound 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 2017Pound 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 2017Pound 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