Daily Update
Daily updates on how key currencies are performing in the currency markets.
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Daily Update: Sterling Hits 3-Month High Vs. 'Aussie' & 'Kiwi' Daily Update
May 20 2016Sterling The Pound maintained strong gains against the majors yesterday as robust UK retail sales data added to the positive Sterling sentiment … read more
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Daily Update: Pound is Having a Party as 'Brexit' Bets Wane Daily Update
May 19 2016Sterling The word around Leicester is that a certain Jamie Vardy has been throwing parties as often as he’s been scoring goals this season With UK … read more
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Daily Update: Sterling Down on Surprise CPI Slowdown Daily Update
May 18 2016Sterling The Pound weakened across the board yesterday in response to some weaker-than-anticipated UK consumer price index data The latest CPI … read more
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Daily Update: Sterling Up Ahead of UK CPI Report Daily Update
May 17 2016Sterling Sterling performed quite well yesterday despite further warnings that a ‘Brexit’ could lead to dire consequences for the UK economy … read more
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Daily Update: Pound Slides Vs. US Dollar on Strong US Data Daily Update
May 16 2016Sterling Construction data on Friday showed that British construction output shrunk -11% in the first quarter of the year House building was the … read more
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Daily Update: Sterling Rallies Following Unanimous BoE Vote Daily Update
May 13 2016Sterling Sterling rallied across the board yesterday following the Bank of England’s ‘Super Thursday’ trio of announcements The BoE left … read more
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Daily Update: Sterling Down Ahead of BoE's 'Super Thursday' Daily Update
May 12 2016Sterling Sterling suffered yesterday as markets reacted to data showing that the UK factory sector entered recession in the first quarter of … read more
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Daily Update: Pound Rises Despite Worst Q1 Deficit Since 2008 Daily Update
May 11 2016Sterling Sterling recovered slightly against most of the majors yesterday even though new UK trade data showed that the first quarter British … read more
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Daily Insight: Antipodean Currencies Down On Rate Cut Fears Daily Update
May 10 2016Sterling The Pound lost a little bit of ground versus some of the majors yesterday on a day devoid of any fresh, meaningful economic releases The … read more
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Daily Update: Mixed Bag NFP Sends GBP/USD Lower Daily Update
May 9 2016Sterling On Friday it was announced that new UK car sales rose 2% in April to a monthly total of 189,505 The upbeat report gave Sterling a small … read more