Daily Update

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

• Brexit Mist Weighs On Pound Daily Update

  January 11 2017

  Sterling Lack of clarity on Britain’s post-Brexit trade arrangements with the European Union continued weighing on demand for the Pound yesterday … read more

• Sterling Plunges As Markets React To PM May's Brexit Remarks Daily Update

  January 10 2017

  Sterling Sterling tumbled to multi-month lows yesterday as fears of a so-called ‘hard Brexit’ persisted despite comments from UK Prime Minister … read more

• 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