Daily Update

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

• ECB Policy Meeting Could Boost GBP/EUR Daily Update

  September 8 2016

  Sterling Weak UK production and house price data softened the Pound yesterday, with markets concerned that the initial fallout from the Brexit … read more

• 'Cable' Hits New 7-Week High on 6-Year Low US Services Report Daily Update

  September 7 2016

  Sterling The Pound drifted higher versus most of the majors yesterday, buoyed by the past week’s sturdy UK service and manufacturing PMI results … read more

• Sterling Benefits From Biggest Monthly Rebound in Services PMI History Daily Update

  September 6 2016

  Sterling Sterling soared across the board yesterday morning in response to another better-than-anticipated UK PMI result Following outperforming … read more

• Sterling Could Rally on Strong Service Sector PMI Daily Update

  September 5 2016

  Sterling Sterling fared well on Friday morning, rising versus most of the majors as British construction data came in … read more

• Sterling Surges On Strong Manufacturing Report Daily Update

  September 2 2016

  Sterling The Pound surged higher across the board yesterday in response to some much-better-than-anticipated UK manufacturing data Smashing … read more

• GBP/EUR Hits Highest Level in Three Weeks Daily Update

  September 1 2016

  Sterling Sterling traded with a positive bias against most of the majors yesterday thanks to a rebound in consumer confidence and a strong … read more

• Sterling Rises Vs. Commodity Bloc Daily Update

  August 31 2016

  Sterling The Pound stumbled at the start of yesterday’s session in response to news that UK mortgage approvals fell at a faster-than-expected rate … read more

• US Dollar Rallies on Enhanced 2016 Fed Rate Hike Bets Daily Update

  August 30 2016

  Sterling The Pound performed well on Friday morning in response to further signs that the domestic economy coped well with the furore of … read more

• Sterling Drops Ahead of Fed Speech Daily Update

  August 26 2016

  Sterling The Pound’s recent rally came to an inevitable end yesterday, with the UK currency sustaining losses versus most of the majors The most … read more

• Pound to US Dollar Exchange Rate Hits 3-Week High Daily Update

  August 25 2016

  Sterling The Pound registered another positive performance yesterday as Bank of England policy easing fears receded slightly Although this week’s … read more