Daily Update

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

• Breaking News: UK Retail Sales Bomb, Pound Drops Daily Update

  February 17 2017

  The Pound dropped to 116 against the Euro and lost over 05% against the US Dollar following the release of the UK’s retail sales figures for … read more

• Can the Pound end the week stronger? Daily Update

  Sterling The Pound struggled against most of the majors yesterday as investors continued digesting data released earlier in the week showing that … read more

• Pound Falls As Real Wage Growth Hits 2-Year Low Daily Update

  February 16 2017

  Sterling The Pound weakened versus most of the majors yesterday following news that UK real pay growth succumbed to a two-year low in the fourth … read more

• Sterling Love Affair Ends Daily Update

  February 15 2017

  Sterling Investors’ recent love affair with the Pound ended yesterday following January’s CPI numbers Although the UK headline rate of inflation … read more

• Can the Pound Extend Gains Today? Daily Update

  February 14 2017

  Sterling The Pound performed well at the start of this week’s session due to optimism that this morning’s UK CPI report could strike a new … read more

• Sturdy UK Data Supports Sterling Daily Update

  February 13 2017

  Sterling Robust UK data helped Sterling maintain its recent gains versus some of the majors on Friday Manufacturing, industrial production, … read more

• Pound Hits Weekly Highs Vs. Euro & US Dollar Daily Update

  February 10 2017

  Sterling The Pound put in a disproportionately positive performance yesterday morning in reaction to news that UK house prices accelerated from 23% … read more

• Pound Rallies Two Cents Vs. New Zealand Dollar Daily Update

  February 9 2017

  Sterling Demand for the Pound remained steady yesterday as markets continued to look more favourably on Sterling following hawkish comments from the … read more

• Sterling Rallies Across The Board Daily Update

  February 8 2017

  Sterling The Pound strengthened versus most of the majors yesterday afternoon following a couple of positive developments Demand for Sterling … read more

• Pound to Canadian Dollar Exchange Rate Rises 100 Pips Daily Update

  February 7 2017

  Sterling A survey of 114 British business managers, released yesterday, showed that over half of business leaders are already feeling a negative … read more