Daily Update

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

• 6% Slide Sees New Multi-Year Lows For Sterling Daily Update

  October 7 2016

  A flash-crash in the Asian session saw the Pound drop dramatically across the board Sterling dropped as much as 6% against the US Dollar and … read more

• Pound Plunges Again Daily Update

  Sterling Concerns centred on Britain’s ability to trade with the world and attract foreign investment continued to drag the Pound lower yesterday … read more

• 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