Daily Update

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

• Sterling Falls Despite Decent Q3 GDP Daily Update

  October 28 2016

  Sterling The Pound rallied initially yesterday when third quarter GDP data showed that the British economy expanded 05% in the three months … read more

• Pound Up On Parliament 'Brexit' Trade Deal Talk Daily Update

  October 27 2016

  Sterling The Pound strengthened across the board yesterday thanks to comments from junior ‘Brexit’ minister David Jones suggesting that both … read more

• Pound Recovers after Sinking to Three-Year Low against Indian Rupee Daily Update

  October 26 2016

  The Pound to Indian Rupee exchange rate fell to a fresh three-year low on Tuesday as investors reacted to the possibility that the UK economy could … read more

• Sterling Slides Again Daily Update

  Sterling The Pound plummeted across the board yesterday as comments from UK Chancellor Phillip Hammond provided traders with ammunition for another … read more

• Single Currency Slightly Stronger On Sturdy Eurozone PMI Daily Update

  October 25 2016

  Sterling The Pound traded without any fresh directional bias yesterday The latest report from the Confederation of British Industry showed the … read more

• Pound Hits 2-Week High Vs. Canadian Dollar Daily Update

  October 24 2016

  Sterling The Pound struggled to make any gains against the majors on Friday as British sentiment suffered from some disappointing budget data … read more

• ECB To Decide Policy Path In December Daily Update

  October 21 2016

  Sterling British data yesterday showed that retail sales flatlined in September, creating a year-on-year expansion of 41% The results were slightly … read more

• Pound Sturdy As Chancellor Strikes Softer Tone Daily Update

  October 20 2016

  Sterling The Pound suffered its heaviest losses since the ‘Brexit’ vote yesterday as markets reacted fiercely to a four-point stimulus package … read more

• Pound Bounces On 'Brexit' Trade Deal Hope Daily Update

  October 19 2016

  Sterling The Pound received a much-needed shot in the arm yesterday when a High Court lawyer, representing the government, said that UK parliament … read more

• UK Inflation Set To Rise Daily Update

  October 18 2016

  Sterling Rumours that British Chancellor Phillip Hammond was planning to step down from his post, just over 100 days into the role, hurt the Pound … read more