Daily Update

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

• BoE Policy Bets Continue To Weigh On Sterling Daily Update

  May 15 2017

  Sterling Demand for the Pound remained soft on Friday as traders continued to mull over the Bank of England’s latest policy statement With no … read more

• Sterling Slides As BoE Dampens Rate Hike Bets Daily Update

  May 12 2017

  Sterling The Pound lost ground against the majors yesterday as markets reacted with disappointment to the Bank of England’s ‘Super Thursday’ … read more

• BoE's 'Super Thursday' In Focus Daily Update

  May 11 2017

  Sterling In a week so far devoid of significant domestic data releases, the Pound has managed to drift higher versus most of the majors Today’s … read more

• GBP/EUR At Monthly High As French Election Rally Fizzles Out Daily Update

  May 10 2017

  Sterling Sterling drifted along versus the majors without any fresh domestic drivers yesterday It’s been a slow start for currency traders, who … read more

• Euro Relief Rally Fades Following Macron Election Win Daily Update

  May 9 2017

  Sterling Billed as one of the most decisive days on the economic calendar in 2017, yesterday turned out to be one of the dullest days to date After … read more

• Euro Posts Mild Gains Following Macron Election Victory Daily Update

  May 8 2017

  Sterling The Pound performed well on Friday, the final day of a week in which all three British private sector survey’s printed more … read more

• Sterling Up After Sturdy UK Data (But Not Against The Euro) Daily Update

  May 5 2017

  Sterling The Pound rose against most of the majors yesterday as resilient UK service sector data gave Sterling a leg-up To complete a hat-trick of … read more

• Brexit Concerns Drag On Sterling Exchange Rates Daily Update

  May 4 2017

  Sterling Sterling softened slightly versus some of the majors yesterday as a flare-up in Brexit negotiations reminded traders of the risks ahead UK … read more

• Pound Strengthens As UK Manufacturing PMI Hits 3-Year High Daily Update

  May 3 2017

  Sterling The Pound registered gains versus most of the majors yesterday thanks to a three-year high UK manufacturing PMI print Smashing … read more

• Pound Strikes Highest Level Vs. 'Loonie' Since Brexit Vote Daily Update

  May 2 2017

  Sterling UK GDP decelerated from 07% to 03% in the first quarter of 2017, it was reported on Friday This marked the slowest growth rate for a year … read more