Daily Update

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

• Pound to Euro Exchange Rate Touches 6-Week Low Daily Update

  March 7 2017

  Sterling Following last week’s disappointing performance the Pound continued to slide at the beginning of this week’s session Worries over … read more

• Sterling Suffers As UK Service Sector Slows Daily Update

  March 6 2017

  Sterling The Pound suffered losses against some of the majors on Friday as traders reacted to an unexpected slowdown in UK services output The … read more

• GBP/EUR Snaps Four Days Of Losses Daily Update

  March 3 2017

  Sterling British data yesterday showed that construction output accelerated slightly in February thanks to growth in civil engineering The UK storms … read more

• GBP/USD Hits 5-Week Low On Hawkish Fed Bets Daily Update

  March 2 2017

  Sterling The Pound suffered versus most of the majors yesterday following a softer-than-anticipated UK manufacturing PMI print February’s factory … read more

• US Dollar Flat As Trump Shies Away From Policy Details Daily Update

  March 1 2017

  Sterling Demand for the Pound remained constrained by Brexit tail risks yesterday as investors continued digesting rumours that Scotland would be … read more

• Brexit-Related Jitters Send Sterling Reeling Daily Update

  February 28 2017

  Sterling The Pound suffered steep losses at the start of the week due to fears that Brexit-related issues could weaken the UK’s economic … read more

• Profit Taking Takes Pound Lower Daily Update

  February 27 2017

  Sterling UK mortgage approvals struck a 12-month high on Friday but it was not enough to stoke demand for the Pound, which sustained losses as … read more

• 'Cable' Strikes Fortnightly High Daily Update

  February 24 2017

  Sterling Data released yesterday morning showed that UK retail sales rebounded in February following a worrying contraction at the beginning of the … read more

• Pound Stutters As Business Investment Drops Daily Update

  February 23 2017

  Sterling Having bought the Pound on Tuesday afternoon ahead of yesterday’s UK GDP report, traders cashed in on Sterling’s appreciation by … read more

• Sterling Rallies Against Majors Ahead Of UK GDP Daily Update

  February 22 2017

  Sterling Despite a neutral message from Bank of England Governor Mark Carney the Pound managed to rally versus most of the majors yesterday ahead of … read more