Daily Update

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

• Trump Rattles Markets With Surprise US Election Victory Daily Update

  November 9 2016

  Sterling It was reported yesterday that UK industrial production slowed from 07% to 03% in September, but British sentiment was propped up by a … read more

• GBP/USD Down a Cent On Clinton Victory Bets Daily Update

  November 8 2016

  Sterling There was little news of any consequence to Sterling yesterday, and as a result US Presidential election bets proved the most important … read more

• Fears of Trump Victory Spark Global Rout on Risk Daily Update

  November 7 2016

  Sterling The High Court ruling in favour of a challenge to the use of Royal Prerogative to trigger Article 50 continued to boost Pound Sterling on … read more

• Pound Bullish as UK High Court Upholds Article 50 Challenge Daily Update

  November 4 2016

  Sterling Pound Sterling rocketed yesterday after the UK’s High Court ruled in favour of a challenge against the government’s intended use of … read more

• Breaking: Pound Exchange Rates Surge after BoE Takes More Hawkish Tone Daily Update

  November 3 2016

  In the months since the September policy meeting markets had largely reassessed the likelihood of the Bank of England (BoE) cutting interest rates to … read more

• Euro to Rand Exchange Rate Volatile with Zuma’s Future in Question Daily Update

  While the Eurozone has put out some supportive ecostats lately, these have failed to give the Euro an edge against the more dominant South African … read more

• GBP/USD Hits 3-Week High On Trump Anxieties Daily Update

  Sterling Sterling grew in strength against most of the majors yesterday as UK construction data impressed, Prime Minister Theresa May said that she … read more

• Pound to Euro Exchange Rate Down Almost A Cent Daily Update

  November 2 2016

  Sterling The Pound fell back yesterday, having rallied on Monday evening in response to Bank of England Governor Mark Carney’s decision to extend … read more

• Sterling Up As BoE Governor Carney Pledges To Stay Until 2019 Daily Update

  November 1 2016

  Sterling Dark mutterings that Bank of England Governor Mark Carney might not stay for the full eight-year term at Threadneedle Street put pressure … read more

• Northern Irish 'Brexit' Challenge Rejected Daily Update

  October 31 2016

  Sterling The Pound suffered another drop-off in demand on Friday as traders reacted to news that the Northern Irish High Court had rejected a … read more