Daily Update

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

• Sterling Hits Monthly Highs Vs. AUD & NZD Daily Update

  April 13 2017

  Sterling A surprise uptick in average earnings helped the Pound strengthen slightly versus most of the majors yesterday Pay growth, including … read more

• Sterling Softened on UK Wage Squeeze Daily Update

  April 12 2017

  GBP/EUR – Odds of Hawkish BoE Remain Limited Brexit-based jitters saw a resurgence in the wake of an unexpected widening of the UK trade deficit, … read more

• Demand For Sterling Rises Ahead Of UK Labour Market Data Daily Update

  Sterling It was reported yesterday that UK inflation remained at a three-year high of 23% in March The Office for National Statistics (ONS) said … read more

• Sterling Up Ahead Of Inflation Print Daily Update

  April 11 2017

  Sterling Demand for the Pound picked up yesterday ahead of the latest UK inflation report, which is due for release later this morning Inflation … read more

• Downbeat UK Data Sends Sterling Lower Daily Update

  April 10 2017

  Sterling Sterling lost ground versus the majors on Friday as UK data printed negatively Manufacturing and industrial production were both reported … read more

• Pound Softens Ahead Of BoE's Carney Speech Daily Update

  April 7 2017

  Sterling With little fresh economic stimulus yesterday, the Pound gave back some of Wednesday’s gains, which had come as a result of the … read more

• Sterling Surges On Sturdy Service Sector Print Daily Update

  April 6 2017

  Sterling Sterling surged higher across the board yesterday morning in response to a higher-than-anticipated service sector headline … read more

• 'Cable' Drops On Trump China Fears Daily Update

  April 5 2017

  Sterling The Pound struggled again yesterday against some of the majors as UK construction data disappointed and Brexit anxieties returned to the … read more

• Pound Softens As Manufacturing Slows Daily Update

  April 4 2017

  Sterling The Pound gave back some of its recent gains yesterday as UK economic optimism was tempered by a surprise deceleration in manufacturing … read more

• GBP NZD Under Pressure After UK Manufacturing PMI Slows Daily Update

  April 3 2017

  The New Zealand Dollar was undermined by stronger US data, particularly as confidence in the US administration began to recover somewhat A sharp jump … read more