Daily Update

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

• Two-Month High GBP/USD Rates May Not Last Daily Update

  December 6 2016

  Sterling Before the days of Brexit, Trump and Supreme Court judgements the Pound would have been expected to rally on news that Britain’s dominant … read more

• Pound to Euro at Highest Level Since July as Italian PM Resigns Daily Update

  December 5 2016

  Sterling The Pound continued to attract support on Friday as fears of a ‘hard Brexit’ receded Remarks earlier in the week from ‘Brexit’ … read more

• AUD/USD Performs Poorly on Wide Iron Ore Fluctuations Daily Update

  December 2 2016

  Demand for risk-correlated currencies dipped towards the end of last week as commodity trade became mixed While OPEC’s deal to cut oil production … read more

• OPEC Deal Sends Sterling Higher Daily Update

  December 1 2016

  Sterling Demand for the Pound remained sturdy yesterday, despite a cautionary financial stability report from the Bank of England The BoE noted … read more

• 'Cable' Surges Almost A Cent Daily Update

  November 30 2016

  Sterling The Pound rose versus most of the majors yesterday British data showed that consumer credit increased by £16 billion in September, … read more

• Canadian Dollar Gains Two Cents On OPEC Optimism Daily Update

  November 29 2016

  Sterling The biggest item of news relating to the Pound yesterday was an interesting speech from Bank of England policymaker Gertjan Vlieghe The BoE … read more

• Pound Sturdy On Sanguine Q3 GDP Daily Update

  November 28 2016

  Sterling The Pound put in a sturdy performance on Friday as investors reacted fairly well to data showing that the UK economy grew 05% in the third … read more

• GBP/NZD Touches 7-Week High Daily Update

  November 25 2016

  Sterling The Pound remained largely unchanged versus most of the majors yesterday, drifting minimally lower from Wednesday’s post-budget statement … read more

• Sterling Surges Following Autumn Statement Daily Update

  November 24 2016

  Sterling The Pound appreciated across the board following Chancellor Phillip Hammond’s Autumn Statement yesterday as Britain announced its largest … read more

• Sterling Stumbles Ahead Of Autumn Statement Daily Update

  November 23 2016

  Sterling British Chancellor of the Exchequer Phillip Hammond received a boost yesterday ahead of his first budget statement October’s current … read more