Daily Update

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

• US Wage Gains Boost 'Greenback' Daily Update

  January 9 2017

  Sterling The Pound struggled to attract support on Friday as speculation mounted that Prime Minister Theresa May was planning to give up single … read more

• 'Cable' Hits 2-Week High Ahead Of US NFP Report Daily Update

  January 6 2017

  Sterling Currency traders largely overlooked a robust UK service sector print yesterday as Brexit fears persisted despite the resilience of the … read more

• 'Loonie' Hits 2-Month High Vs. Pound Daily Update

  January 5 2017

  Sterling Following on from Tuesday’s strong manufacturing PMI result, Markit Economics reported yesterday that UK construction activity … read more

• UK Manufacturing Hits 2.5-Year High Daily Update

  January 4 2017

  Sterling The Pound was treated to a bumper December manufacturing PMI report yesterday but, despite the outperforming result, Sterling was unable to … read more

• 'Cable' Weakens Half A Cent Daily Update

  January 3 2017

  Sterling The first important UK data release of 2017 is due today from Markit Economics; it is expected to show that output in the factory sector … read more

• 2016 FX Digest, 2017 Major Currencies Outlook Daily Update

  December 30 2016

  Sterling Seeing as its our last market update of 2016, let’s take a look at what happened this year and what could happen next year in foreign … read more

• Pound Softens Despite FTSE Striking All-time High Daily Update

  December 29 2016

  Sterling The Pound lost ground against most of the majors yesterday as Britain’s uncertain economic future continued to put a dampener on the … read more

• 'Cable' Near 2-Month Low As US Consumer Confidence Soars Daily Update

  December 28 2016

  Sterling Thin holiday trade caused the Pound to fluctuate against the majors over the past few days but a lack of fresh data, or indeed appetite for … read more

• Pound Suffers In Thin Holiday Trade Daily Update

  December 23 2016

  Sterling The Pound traded lower versus most of the majors yesterday as thin holiday trade accentuated market jitters regarding the UK’s 2017 … read more

• Pound Mostly Flat As National Debt Hits All-Time High Daily Update

  December 22 2016

  Sterling It was reported yesterday that the British government was forced to borrow £122 billion last month to balance the books The large figure … read more