Daily Update

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

• Pound Rallies Mildly Following Article 50 Daily Update

  March 30 2017

  Sterling An historic day for Britain but not so much for the Pound yesterday as UK Prime Minister Theresa May formally began Britain’s divorce … read more

• Profit-Taking Drags On Sterling Ahead Of Article 50 Daily Update

  March 29 2017

  Sterling The Pound underwent a tremendous shift yesterday Not in value, it’s value only changed a little bit, but in shape The Royal Mint released … read more

• Sterling Rallies Vs. Majors Daily Update

  March 28 2017

  Sterling The Pound performed well against the majors yesterday, registering solid gains across the board There were no dramatic shifts in UK … read more

• Trump Policy Doubt Weighs On US Dollar Daily Update

  March 27 2017

  Sterling Sterling softened slightly versus some of the majors on Friday as Bank of England rate hike expectations were tempered by dovish sentiments … read more

• Sterling Rallies On Sanguine Retail Report Daily Update

  March 24 2017

  Sterling Better-than-forecast UK retail sales numbers allowed Sterling to rally across the board yesterday Smashing estimates of 04%, sales volumes … read more

• 'Cable' Hits Highest Level In Almost A Month Daily Update

  March 23 2017

  Sterling The Pound, which has put in a strong performance over the last week thanks to rising Bank of England (BoE) rate hike expectations, steadied … read more

• Inflation Spike Boosts Pound Vs. Majors Daily Update

  March 22 2017

  Sterling UK inflation jumped from 18% to 23% in February, it was announced yesterday, beating forecasts of 21% and rising above the Bank of … read more

• Brexit Date Weakens Pound, UK CPI Could Increase Demand Daily Update

  March 21 2017

  Sterling The Pound registered gains versus some of the majors at the beginning of this week’s session thanks to the recent shift in Bank of … read more

• BoE Bets Lend Sterling Support Daily Update

  March 20 2017

  Sterling The Pound continued drifting higher versus the majors on Friday as traders adjusted UK monetary policy bets The Bank of England voted … read more

• Sterling Jumps On BoE Dissent Daily Update

  March 17 2017

  Sterling Sterling registered a rare day of gains yesterday as one Bank of England policymaker shocked markets with a vote for an immediate rise in … read more