Daily Update

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

• Pound Suffers In Thin Holiday Trade Daily Update

  December 23 2016

  Sterling The Pound traded lower versus most of the majors yesterday as thin holiday trade accentuated market jitters regarding the UK’s 2017 … read more

• Pound Mostly Flat As National Debt Hits All-Time High Daily Update

  December 22 2016

  Sterling It was reported yesterday that the British government was forced to borrow £122 billion last month to balance the books The large figure … read more

• Pound Softens On PM May Brexit Remarks Daily Update

  December 21 2016

  Sterling The Pound failed to make any meaningful gains versus the majors yesterday as UK Prime Minister Theresa May refused to commit to giving … read more

• 'Cable' Close To 1-Month Low Daily Update

  December 20 2016

  Sterling Demand for the Pound softened somewhat at the start of this week’s session, with investors once again focussing their attentions on … read more

• Pound Strengthens Three Cents Vs. New Zealand Dollar Daily Update

  December 19 2016

  Sterling Risk aversion trends allowed Sterling to appreciate versus the commodity bloc on Friday, however, hawkish Federal Reserve hiking bets meant … read more

• Fed Surprises Markets with Projection of Three 2017 Rate Hikes Daily Update

  December 16 2016

  Sterling The Pound was on mixed form yesterday, weakening against many of the majors thanks to a subdued inflation outlook from the Bank of England … read more

• 'Cable' Declines On Hawkish Fed Ahead Of BoE Statement Daily Update

  December 15 2016

  Sterling It was reported yesterday that Britain’s unemployment rate remained at an 11-year low of 48% in the three months to October Traders were … read more

• Pound Yo-Yos On 2-Year High Inflation Report Daily Update

  December 14 2016

  Sterling Although the Pound was unable to hold onto its morning gains yesterday, the recent rise in price pressures does bode well for the UK … read more

• Pound Sturdy Ahead Of UK CPI Daily Update

  December 13 2016

  Sterling The main ecostat to keep an eye out for today is November’s UK consumer price index Analysts reckon that inflation accelerated from 09% … read more

• Fresh Oil Cuts Boost 'Loonie' Daily Update

  December 12 2016

  Sterling The Pound ticked higher versus most of the majors over the weekend as investors reacted to news that two sets of campaigners were set to … read more