Daily Update

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

• Sterling Rally Continues Following Trump Victory Daily Update

  November 14 2016

  Sterling The Pound performed well again on Friday as Donald Trump’s election victory continued to support demand for the UK currency The hope is … read more

• Pound Benefits From Trump Victory Daily Update

  November 11 2016

  Sterling The Pound put in one of its strongest performances of the year yesterday as market volatility surrounding the surprise Donald Trump victory … read more

• Pound Broadly Stronger Following Trump Victory Daily Update

  November 10 2016

  Sterling UK data showed that the British trade deficit widened by more-than-anticipated in September, from -£111 billion to -£127 billion, but the … read more

• Trump Rattles Markets With Surprise US Election Victory Daily Update

  November 9 2016

  Sterling It was reported yesterday that UK industrial production slowed from 07% to 03% in September, but British sentiment was propped up by a … read more

• GBP/USD Down a Cent On Clinton Victory Bets Daily Update

  November 8 2016

  Sterling There was little news of any consequence to Sterling yesterday, and as a result US Presidential election bets proved the most important … read more

• Fears of Trump Victory Spark Global Rout on Risk Daily Update

  November 7 2016

  Sterling The High Court ruling in favour of a challenge to the use of Royal Prerogative to trigger Article 50 continued to boost Pound Sterling on … read more

• Pound Bullish as UK High Court Upholds Article 50 Challenge Daily Update

  November 4 2016

  Sterling Pound Sterling rocketed yesterday after the UK’s High Court ruled in favour of a challenge against the government’s intended use of … read more

• Breaking: Pound Exchange Rates Surge after BoE Takes More Hawkish Tone Daily Update

  November 3 2016

  In the months since the September policy meeting markets had largely reassessed the likelihood of the Bank of England (BoE) cutting interest rates to … read more

• Euro to Rand Exchange Rate Volatile with Zuma’s Future in Question Daily Update

  While the Eurozone has put out some supportive ecostats lately, these have failed to give the Euro an edge against the more dominant South African … read more

• GBP/USD Hits 3-Week High On Trump Anxieties Daily Update

  Sterling Sterling grew in strength against most of the majors yesterday as UK construction data impressed, Prime Minister Theresa May said that she … read more