Daily Update

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

• Daily Update: Sterling Rebounds Ahead of Service Sector PMI Daily Update

  April 5 2016

  Sterling Sterling rebounded strongly versus most of the majors yesterday in anticipation of a sturdy service sector score later this … read more

• Daily Update: Sterling Slides to 16-Month Low Vs. Euro Daily Update

  April 4 2016

  Sterling The Pound suffered steep losses across the board on Friday as investors reacted to some disappointing UK manufacturing data The factory … read more

• Daily Update: Sterling Down On Ballooning Deficit Daily Update

  April 1 2016

  Sterling Sterling investors rejoiced yesterday when data showed that George Osborne was on track to meet his deficit reduction goals for the … read more

• Daily Update: Sterling Strong Vs. USD, Down Vs. Commodity Bloc Daily Update

  March 31 2016

  Sterling Sterling struggled to make any headway against the majority of its currency peers yesterday as risk currencies rallied on the back of the … read more

• Daily Update: 'Cable' Rallies on Dovish Yellen Statement Daily Update

  March 30 2016

  Sterling The Bank of England reiterated that the upcoming EU referendum was the ‘most significant near-term domestic risk’ to the UK economy … read more

• Daily Update: Sterling Rallies 130 Pips Vs. 'Greenback Daily Update

  March 29 2016

  Sterling As European traders took a pause for the Easter Break the hunt for yield continued in global markets The absence of European market players … read more

• Daily Update: Sterling Sentiment Weakens 3 Months Ahead of 'Brexit' Vote Daily Update

  March 24 2016

  Sterling Sterling sentiment continued to tumble yesterday as ‘Brexit’ bets intensified in the build-up to the EU referendum on June 23 Now that … read more

• Daily Update: Pound declines on soft CPI Daily Update

  March 23 2016

  Sterling The Pound lost ground across the board yesterday as British inflation came in at 03% in February, marking no change on January’s figure … read more

• Daily Update: Pound Lower on Tory Infighting Daily Update

  March 22 2016

  Sterling Sterling weakened across the board yesterday as investors began to price in the prospect of an untimely break up of Prime Minister David … read more

• Daily Update: Euro Weakens On ECB Helicopter Money Speculation Daily Update

  March 21 2016

  Sterling The Pound continued to tick higher versus the majors on Friday as investors adjusted their bets for UK monetary policy following the Bank … read more