Daily Update

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

• Daily Update: Sterling rises on BoE’s Cunliffe comments Daily Update

  February 19 2016

  Sterling The Pound increased in value over the day against most of the majors yesterday as traders responded to comments from Bank of England … read more

• Daily Update: Sterling Struggles as Wage Growth Slows to 10-Month Low Daily Update

  February 18 2016

  Sterling Sentiment towards Sterling remained fairly weak yesterday as investors reacted to the customarily concerning trade balance report Net … read more

• Daily Update: Pound sinks despite 1-year high CPI Daily Update

  February 17 2016

  Sterling Despite data showing that UK inflation is currently running at its highest rate for a year the Pound found itself on a downward path versus … read more

• Pound Sinks on Dovish BoE Comments Daily Update

  February 16 2016

  Sterling The Pound weakened versus most of the majors yesterday as markets reacted to some fairly dovish remarks from the Bank of England’s most … read more

• Daily Update: Sterling Recovers Versus Majors Daily Update

  February 15 2016

  Sterling The Pound recovered versus most of the majors on Friday thanks to profit taking stances following a day of significant losses on Thursday … read more

• Daily Update: Sterling Depreciates as BoE Rate Hike Bets Pushed Back to 2020 Daily Update

  February 12 2016

  Sterling Sterling tumbled against all of its major currency peers yesterday as exacerbated market wide routs led investors to push their Bank of … read more

• Daily Update: US Dollar Rallies on Fed Statement Daily Update

  February 11 2016

  Sterling Despite a downbeat set of factory output numbers, the Pound managed to avoid any steep losses versus the majors yesterday The Office for … read more

• Pound to Euro Exchange Rate Hits 13-Month Low Daily Update

  February 10 2016

  Sterling Sentiment towards Sterling remained fairly weak yesterday as investors reacted to the customarily concerning trade balance report Net … read more

• Daily Update: Sterling Depreciates on 'Brexit' Fears Daily Update

  February 9 2016

  Sterling Sterling struggled yesterday as a turbulent start to the week on financial markets exacerbated fears that Britain may vote to leave the … read more

• Daily Update: 'Brexit' Fears Weigh on GBP/USD Daily Update

  February 8 2016

  Sterling Sterling lost ground against some of the majors on Friday as investors reacted negatively to a report indicating that Britons were growing … read more