Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Daily Update: Pound Rises As BoE Unanimously Leaves Rates On Hold Daily Update
March 18 2016Sterling The Pound increased in value against most of the majors yesterday as investors rushed to adjust their Bank of England rate hike bets after … read more
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Daily Update: 'Cable' Rallies On Softer Fed Rate Hike Outlook Daily Update
March 17 2016Sterling There was good news and bad news for the Pound yesterday The good news was that unemployment remained at a 10-year low of 51%, 116,000 new … read more
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Daily Update: 'Brexit' Poll Sends Sterling Lower Daily Update
March 16 2016Sterling The Pound floundered yesterday as investors reacted to a new opinion poll published in the Daily Telegraph suggesting that more Britons … read more
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Daily Update: Sterling Slides Vs. US Dollar Daily Update
March 15 2016Sterling The Pound traded with little directional bias yesterday as investors paused for thought ahead of this week’s big announcements: … read more
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Daily Update: GBP/USD Near Monthly High Daily Update
March 14 2016Sterling Investors took a day off from selling the Pound on ‘Brexit’ concerns on Friday, allowing Sterling to rack up gains against some of its … read more
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Daily Update: ECB Chucks Kitchen Sink at Stimulus but Euro Gains Daily Update
March 11 2016Sterling UK Prime Minister David Cameron waded in on the ‘Brexit’ debate yesterday with a speech at a car manufacturing plant in Cheshire The … read more
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Daily Update: Pound Jumps 4 Cents Vs. 'Kiwi' Dollar Daily Update
March 10 2016Sterling It was announced yesterday that British manufacturing activity expanded 07% in the month of February, smashing forecasts of 02% The robust … read more
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Daily Update: BoE Chief Carney Says 'Brexit' Biggest Risk to Economy Daily Update
March 9 2016Sterling The Pound lost ground yesterday as a number of concerned voices emerged in relation to the upcoming EU referendum IMF Chief Christine … read more
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Daily Update: GBP/USD Hits 2-Week High On Improved Risk Sentiment Daily Update
March 8 2016Sterling The Pound took a backseat yesterday and fluctuated in time to economic beats from foreign soils With little domestic data on the docket … read more
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Daily Update: GBP/USD Hits 2-Month High as NFP Wages Disappoint Daily Update
March 7 2016Sterling On Friday it was reported that Britons are more concerned about the European Union than at any point in the past 13 years, which is not … read more