Daily Update

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

• Soft UK Services PMI Weighs On Sterling Daily Update

  February 6 2017

  Sterling The Pound weakened versus most of its major currency peers on Friday in reaction to some disappointing economic data January’s services … read more

• Dovish BoE Sends Sterling Skidding Daily Update

  February 3 2017

  Sterling The Pound tanked across the board yesterday as investors reacted to what was considered a dovish policy statement from the Bank of … read more

• Pound Rallies Across The Board Ahead of BoE Daily Update

  February 2 2017

  Sterling The Pound rocketed higher versus most of the majors yesterday following a robust UK manufacturing report At 559, the headline PMI index … read more

• Trump Advisor Sends 'Greenback' Tumbling Daily Update

  February 1 2017

  Sterling The Pound dipped versus most of the majors yesterday in response to some disappointing data concerning British consumer credit Ordinarily, … read more

• Single Currency Strengthens As Inflation Hits 3-Year High Daily Update

  January 31 2017

  Sterling Sterling softened versus most of the majors at the start of this week’s session as traders bet that this week’s Bank of England … read more

• US Dollar Slumps as GDP Slows Below Forecasts Daily Update

  January 30 2017

  Sterling The Pound softened towards the close of the week, with investors left with little to enthuse over now that the key Brexit speech and … read more

• GBP/USD Slips From 6-Week High Daily Update

  January 27 2017

  Sterling Sterling put in another decent performance yesterday thanks to stronger-than-anticipated UK economic data Confounding expectations of 05%, … read more

• Pound Up Ahead Of US Trade Talks Daily Update

  January 26 2017

  Sterling Sterling performed surprisingly well yesterday, registering decent gains versus most of the majors in reaction to news of a weekend meeting … read more

• Pound Slips Following Supreme Court Brexit Ruling Daily Update

  January 25 2017

  Sterling The Pound dipped versus most of the majors yesterday following the UK Supreme Court judgement The ruling, by eight judges to three, means … read more

• Pound Rallies Ahead Of Supreme Court Brexit Ruling Daily Update

  January 24 2017

  Sterling The Pound ticked higher versus the majors yesterday as investors bet the Supreme Court ruling, due this morning, would ensure that … read more