Daily Update

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

• Daily Update: Sterling Down on Surprise CPI Slowdown Daily Update

  May 18 2016

  Sterling The Pound weakened across the board yesterday in response to some weaker-than-anticipated UK consumer price index data The latest CPI … read more

• Daily Update: Sterling Up Ahead of UK CPI Report Daily Update

  May 17 2016

  Sterling Sterling performed quite well yesterday despite further warnings that a ‘Brexit’ could lead to dire consequences for the UK economy … read more

• Daily Update: Pound Slides Vs. US Dollar on Strong US Data Daily Update

  May 16 2016

  Sterling Construction data on Friday showed that British construction output shrunk -11% in the first quarter of the year House building was the … read more

• Daily Update: Sterling Rallies Following Unanimous BoE Vote Daily Update

  May 13 2016

  Sterling Sterling rallied across the board yesterday following the Bank of England’s ‘Super Thursday’ trio of announcements The BoE left … read more

• Daily Update: Sterling Down Ahead of BoE's 'Super Thursday' Daily Update

  May 12 2016

  Sterling Sterling suffered yesterday as markets reacted to data showing that the UK factory sector entered recession in the first quarter of … read more

• Daily Update: Pound Rises Despite Worst Q1 Deficit Since 2008 Daily Update

  May 11 2016

  Sterling Sterling recovered slightly against most of the majors yesterday even though new UK trade data showed that the first quarter British … read more

• Daily Insight: Antipodean Currencies Down On Rate Cut Fears Daily Update

  May 10 2016

  Sterling The Pound lost a little bit of ground versus some of the majors yesterday on a day devoid of any fresh, meaningful economic releases The … read more

• Daily Update: Mixed Bag NFP Sends GBP/USD Lower Daily Update

  May 9 2016

  Sterling On Friday it was announced that new UK car sales rose 2% in April to a monthly total of 189,505 The upbeat report gave Sterling a small … read more

• Daily Update: UK Private Sector Slows to 3-Year Low Daily Update

  May 6 2016

  Sterling The Pound edged lower yesterday against most of its major trading partners, as traders reacted to another underwhelming private sector PMI … read more

• Daily Update: Sterling Down Ahead of Service Sector Data Daily Update

  May 5 2016

  Sterling Demand for the Pound softened yesterday as downbeat UK construction data poured more cold water on hopes of British growth accelerating in … read more