Daily Update

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

• Sterling Softens on Dovish BoE Bets Daily Update

  July 29 2016

  Sterling Sterling suffered yesterday in response to comments from Bank of England policymaker David Blanchflower hinting that the bank could push … read more

• Sterling Not Lifted By Strong Q2 GDP Daily Update

  July 28 2016

  Sterling The Office for National Statistics (ONS) reported that the UK economy expanded 06% in the second quarter, marking a sturdy acceleration on … read more

• Pound Flat Ahead of UK GDP Report Daily Update

  July 27 2016

  Sterling The Pound traded with a slight downward bias yesterday as markets reacted to comments from Bank of England policymaker Martin Weale, which … read more

• Soft Manufacturing Figures Stoke BoE Stimulus Bets Daily Update

  July 26 2016

  Sterling The Pound weakened again yesterday following a poor end to last week’s session Sterling was hit by a hat trick of negative PMI reports on … read more

• Sterling Recovering after G20 Brexit Claims Daily Update

  July 25 2016

  Sterling The Pound is making a small recovery today after revelations at yesterday’s G20 summit in China softened the UK asset According to … read more

• Pound Slumps as UK July PMIs Show Brexit Contractions Daily Update

  July 22 2016

  Sterling The Pound slumped yesterday, after worse-than-expected retail sales took traders by surprise The monthly decline in June clocked in at … read more

• BoE to 'Keep Calm and Carry On', Sterling Surges Daily Update

  July 21 2016

  Sterling The Pound rallied yesterday in response to a statement from the Bank of England’s network of regional agents, who speak to business … read more

• Sterling Sinks on BoE Easing Bias Daily Update

  July 20 2016

  Sterling Although there were some British troublemakers in France last month, the grand majority of English, Welsh and Northern Irish fans who … read more

• Sterling Rises on Multibillion Pound Japanese Takeover Daily Update

  July 19 2016

  Sterling The Pound received a boost yesterday when news hit the wires that Japan’s Softbank had launched a successful bid to purchase UK chip … read more

• Sterling Slides as BoE Economist Speaks of 'Muscular' Monetary Policy Daily Update

  July 18 2016

  Sterling The Pound softened across the board on Friday as UK construction output printed dreadfully and the Bank of England’s chief economist … read more