Daily Update

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

• 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

• Sterling Rallies Again Daily Update

  August 24 2016

  Sterling The Pound strengthened versus most of the majors yesterday as investors continued to trim bets on the UK currency devaluing rapidly over … read more

• Profit Taking Boosts Sterling Daily Update

  August 23 2016

  Sterling Sterling drifted higher versus most of the majors yesterday as traders locked in profit from a record number of bets against the UK … read more

• Pound Drops on Early EU Exit Speculation Daily Update

  August 22 2016

  Sterling The Pound gave back some of its recent gains on Friday as traders fretted over an article on Bloomberg suggesting that Britain is preparing … read more

• Sterling Surges on Robust Post-'Brexit' Retail Figures Daily Update

  August 19 2016

  Sterling Sterling sprung into life yesterday, leaping higher across the board in reaction to some better-than-anticipated UK retail sales … read more

• Sterling Flat Ahead of Retail Report Daily Update

  August 18 2016

  Sterling The Pound traded fairly flatly yesterday as a slightly better-than-anticipated UK labour market report did little to dampen Bank of England … read more

• Sterling Rises On UK Inflation Daily Update

  August 17 2016

  Sterling Sterling snapped a week of steady losses yesterday following a higher-than-forecast inflation report The Office for National Statistics … read more

• Sterling Hits New 3-Year Low Vs. Euro Daily Update

  August 16 2016

  Sterling The toxic combination of uncertain economic prospects, record low yields and aggressive Bank of England stimulus bets continued to weigh on … read more

• Devalued Sterling Becomes 2016's Worst Performer Daily Update

  August 15 2016

  Sterling The Pound reclaimed its crown as the year’s worst performing major currency on Friday as Bank of England easing measures continued to … read more