Daily Update

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

• Strong Service Sector Score Stems Sterling Losses, For Now Daily Update

  October 6 2016

  Sterling The Pound tumbled to fresh yearly lows yesterday morning but managed to mount a miniature recovery by midday as investors reacted … read more

• Sterling Suffers Huge Losses, GBP/USD Hits 1985 Low Daily Update

  October 5 2016

  Sterling Sterling suffered steep losses yesterday as upbeat domestic data did nothing to quell anxieties related to a potential ‘hard … read more

• GBP/EUR Hits 3-Year Low, GBP/USD Strikes 3-Month Low Daily Update

  October 4 2016

  Sterling ‘Brexit’ anxieties continued to take centre stage yesterday as Sterling stumbled to fresh lows versus some of the majors in reaction to … read more

• Sterling Weakens On Theresa May's March 2017 'Brexit' Plan Daily Update

  October 3 2016

  Sterling British sentiment improved on Friday thanks to data released by the Office for National Statistics (ONS) confirming that the UK economy … read more

• GBP/EUR Down Half A Cent Daily Update

  September 30 2016

  Sterling The Pound struggled somewhat yesterday as traders continued worrying about the possibility of additional easing from the Bank of … read more

• 'Loonie' Rallies Two Cents On OPEC Breakthrough Daily Update

  September 29 2016

  Sterling Sterling got off to a fairly decent start yesterday as traders digested comments from Bank of England Governor Mark Carney suggesting that … read more

• 'Cable' Strengthens On Perceived Clinton Victory Daily Update

  September 28 2016

  Sterling With little fresh domestic data to contend with this week it seems that ‘Brexit’ sentiment will probably play a large part in whether … read more

• Pound Down On Talk Of 'Hard Brexit' Daily Update

  September 27 2016

  Sterling A growing fear that the British government may pursue a post-‘Brexit’ future outside of the single market, to allow for greater … read more

• Boris 'Brexit' Comments Worry Sterling Traders Daily Update

  September 26 2016

  Sterling Sterling lost ground against most of the majors at the end of last week’s session as ‘Brexit’ fears crept back into the Pound’s … read more

• Sterling Recovers Some Lost Ground Daily Update

  September 23 2016

  Sterling The Pound put in a more respectable performance yesterday, drifting higher against most of the majors in reaction to a fairly upbeat speech … read more