Daily Update

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

• Daily Update: 'Cable' Rallies on Dreadful NFP Report Daily Update

  June 6 2016

  Sterling There was good news for the UK economy on Friday, with an index showing that British service sector activity expanded … read more

• Daily Update: Pound Rises Vs. 'Loonie' Following OPEC Meeting Daily Update

  June 3 2016

  Sterling The Pound picked up the pace a little bit versus some of the majors yesterday following a dud couple of days of declines UK construction … read more

• Sterling Softens As EU Uncertainty Grows Daily Update

  June 2 2016

  ‘Brexit’ jitters damage Sterling – Volatility expectations highest since 2009 GBP/EUR down a cent – ECB policy decision on tap ‘Cable’ … read more

• Daily Update: Pound Loses Out In Response To New EU Poll Daily Update

  June 1 2016

  Sterling The wheel of luck spun out of Sterling’s grasp yesterday as the UK currency suffered steep losses across the board during the … read more

• Daily Update: 'Cable' Down Slightly On Fed Yellen Remarks Daily Update

  May 31 2016

  Sterling The Pound maintained its recent strength versus the majors over the Bank Holiday weekend An examination of the UK economic calendar shows … read more

• Sterling Slips as Annualised GDP Downgraded Daily Update

  May 27 2016

  UK Q1 GDP confirmed at 04% – Annualised figure downgraded slightly GBP/EUR down from multi-month high – Pound relies on anti-‘Brexit’ … read more

• Sterling Strengthens Vs. Majors Again Daily Update

  May 26 2016

  Sterling soars again – On reduced ‘Brexit’ bets UK GDP data on tap – GBP/EUR hits fresh 35-month high ‘Cable’ strikes 3-week high – US … read more

• Sterling Soars Across the Board Daily Update

  May 25 2016

  BoE’s Carney says rates could go up after vote – UK public borrowing overshoots Pound to Euro hits 35-month high – ‘Cable’ appreciates 150 … read more

• 'Cable' Weakens Slightly on Hawkish Fed Daily Update

  May 24 2016

  Sterling It was a quiet day on the currency markets yesterday as investors paused for thought following last week’s strong Sterling gains The … read more

• Sterling Softens Due to Profit-taking Stances Daily Update

  May 23 2016

  Sterling After a bumper week of gains, Sterling slipped back against the majors on Friday The Pound saw a massive wave of support on Wednesday in … read more