Daily Update

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

• March Brexit Bets Drive Sterling Lower Daily Update

  December 8 2016

  Sterling The Pound weakened across the board yesterday in response to the British government’s call for parliament to respect its schedule of … read more

• Soothing Brexit News Boosts Pound Daily Update

  December 7 2016

  Sterling The Pound drifted broadly higher across the board yesterday thanks to some soothing comments on Brexit UK Chancellor Phillip Hammond told … read more

• Two-Month High GBP/USD Rates May Not Last Daily Update

  December 6 2016

  Sterling Before the days of Brexit, Trump and Supreme Court judgements the Pound would have been expected to rally on news that Britain’s dominant … read more

• Pound to Euro at Highest Level Since July as Italian PM Resigns Daily Update

  December 5 2016

  Sterling The Pound continued to attract support on Friday as fears of a ‘hard Brexit’ receded Remarks earlier in the week from ‘Brexit’ … read more

• AUD/USD Performs Poorly on Wide Iron Ore Fluctuations Daily Update

  December 2 2016

  Demand for risk-correlated currencies dipped towards the end of last week as commodity trade became mixed While OPEC’s deal to cut oil production … read more

• OPEC Deal Sends Sterling Higher Daily Update

  December 1 2016

  Sterling Demand for the Pound remained sturdy yesterday, despite a cautionary financial stability report from the Bank of England The BoE noted … read more

• 'Cable' Surges Almost A Cent Daily Update

  November 30 2016

  Sterling The Pound rose versus most of the majors yesterday British data showed that consumer credit increased by £16 billion in September, … read more

• Canadian Dollar Gains Two Cents On OPEC Optimism Daily Update

  November 29 2016

  Sterling The biggest item of news relating to the Pound yesterday was an interesting speech from Bank of England policymaker Gertjan Vlieghe The BoE … read more

• Pound Sturdy On Sanguine Q3 GDP Daily Update

  November 28 2016

  Sterling The Pound put in a sturdy performance on Friday as investors reacted fairly well to data showing that the UK economy grew 05% in the third … read more

• GBP/NZD Touches 7-Week High Daily Update

  November 25 2016

  Sterling The Pound remained largely unchanged versus most of the majors yesterday, drifting minimally lower from Wednesday’s post-budget statement … read more