Daily Update

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

• Daily Update: Sterling Rallies Vs. Commodity Bloc Daily Update

  January 26 2016

  Sterling The Pound came under a little pressure against some of the majors yesterday as ‘Brexit’ fears and soft Bank of England rate hike bets … read more

• Daily Update: GBP/EUR Rallies a Cent on Dovish ECB Daily Update

  January 25 2016

  Sterling On Friday a report from the Office for National Statistics (ONS) showed that the retail sector cooled at the end of the year but sentiment … read more

• Daily Update: Euro Weakens on Dovish Draghi ECB Statement Daily Update

  January 22 2016

  Sterling ‘Brexit’ concerns dominated the morning discussions at the World Economic Forum in Davos yesterday, with leading Dutch, German and … read more

• Daily Update: UK Unemployment Close To 9-Year Low Daily Update

  January 21 2016

  Sterling Sterling recovered a little bit yesterday following a day of heavy losses on Tuesday when Bank of England Governor Mark Carney admitted he … read more

• Sterling Tanks On Dovish Carney Statement Daily Update

  January 20 2016

  Sterling The Pound got off to a bright start yesterday morning when the Office for National Statistics reported that UK inflation inched higher from … read more

• Daily Update: British Inflation Data On Tap Daily Update

  January 19 2016

  UK CPI on tap – Inflation to rise to 02% Pound up from yearly low vs Euro – Eurozone inflation due ‘Cable’ rebounds minimally from … read more

• Daily Update: Pound Receives Pummelling From Euro & US Dollar Daily Update

  January 18 2016

  Pound receives pummelling – No hike expected until after EU vote Pound hits yearly low vs Euro – Euro benefits from risk aversion … read more

• Daily Update: Pound Hits Yearly Low Vs. Euro Daily Update

  January 15 2016

  • BoE holds rates for 82nd month – No hike expected until after EU vote • – German economy running at 4-year high • ‘Cable’ close to … read more

• Daily Update: Bank of England Expected To Leave Rates On Hold Daily Update

  January 14 2016

  • BoE decision on tap – No hike expected • Eurozone industrial data disappoints – Barclays calls for further ECB stimulus • ‘Cable’ … read more

• Daily Update: Sterling Sinks On Manufacturing Data Daily Update

  January 13 2016

  • – Factory contraction hurts rate hike bets • Pound down a cent versus Euro – GBP/EUR close to 11-month low • ‘Cable’ hits new … read more