Daily Update

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

• Daily Update: Sterling Rises Versus US Dollar Daily Update

  April 19 2016

  Sterling In the absence of any significant economic data, British traders were drawn back into the ‘Brexit’ debate after the Treasury released a … read more

• Daily Update: GBP/EUR Up On Dovish Draghi Daily Update

  April 18 2016

  Sterling There were a couple of UK data points released on Friday but none of them managed to have a noticeable impact on demand for the Pound … read more

• Daily Update: BoE Holds Rate For 85th Consecutive Month Daily Update

  April 15 2016

  Sterling It was announced yesterday that, for the 85th month in a row, UK interest rates will remain at 050% The Bank of England’s minutes report … read more

• Daily Update: Pound Strikes 15-Month Low Vs. 'Loonie' Daily Update

  April 14 2016

  Sterling The Pound put on a steady performance yesterday against most of the majors on a day devoid of any significant domestic ecostats Reuters … read more

• Daily Update: EU Referendum Opinion Poll Erases CPI Gains Daily Update

  April 13 2016

  Sterling Sterling managed to retain its Monday gains yesterday morning as some better-than-anticipated inflation data boosted the appeal of the … read more

• Daily Update: Pound Rallies Ahead of Inflation Report Daily Update

  April 12 2016

  Sterling The Pound ticked higher against most of the majors yesterday ahead of this morning’s consumer price index report The British inflation … read more

• Daily Update: Pound Steady Despite Soft Manufacturing Print Daily Update

  April 11 2016

  Sterling The Pound flatlined versus most of its most-traded currency peers on Friday as data showing that manufacturing activity shrunk by … read more

• Pound Rebounds Vs. 'Aussie' Dollar Daily Update

  April 8 2016

  Sterling The Pound struggled to pick up the pace against most of the majors yesterday as data showed that UK productivity fell at the fastest rate … read more

• 'Brexit' Fears Send Sterling to Near-2-Year-Low Vs. Euro Daily Update

  April 7 2016

  Sterling ‘Brexit’ hysteria swept across the UK yesterday and led to a substantial decline in the Pound’s reputation Sterling’s value against … read more

• Pound to Euro Hits 19-Month Low Daily Update

  April 6 2016

  Sterling The Pound struggled yesterday as a sturdy service sector PMI print did little to boost Bank of England rate hike bets The March services … read more