Daily Update
Daily updates on how key currencies are performing in the currency markets.
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'Brexit' Fears Send Sterling to Near-2-Year-Low Vs. Euro Daily Update
April 7 2016Sterling ‘Brexit’ hysteria swept across the UK yesterday and led to a substantial decline in the Pound’s reputation Sterling’s value against … read more
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Pound to Euro Hits 19-Month Low Daily Update
April 6 2016Sterling The Pound struggled yesterday as a sturdy service sector PMI print did little to boost Bank of England rate hike bets The March services … read more
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Daily Update: Sterling Rebounds Ahead of Service Sector PMI Daily Update
April 5 2016Sterling Sterling rebounded strongly versus most of the majors yesterday in anticipation of a sturdy service sector score later this … read more
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Daily Update: Sterling Slides to 16-Month Low Vs. Euro Daily Update
April 4 2016Sterling The Pound suffered steep losses across the board on Friday as investors reacted to some disappointing UK manufacturing data The factory … read more
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Daily Update: Sterling Down On Ballooning Deficit Daily Update
April 1 2016Sterling Sterling investors rejoiced yesterday when data showed that George Osborne was on track to meet his deficit reduction goals for the … read more
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Daily Update: Sterling Strong Vs. USD, Down Vs. Commodity Bloc Daily Update
March 31 2016Sterling Sterling struggled to make any headway against the majority of its currency peers yesterday as risk currencies rallied on the back of the … read more
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Daily Update: 'Cable' Rallies on Dovish Yellen Statement Daily Update
March 30 2016Sterling The Bank of England reiterated that the upcoming EU referendum was the ‘most significant near-term domestic risk’ to the UK economy … read more
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Daily Update: Sterling Rallies 130 Pips Vs. 'Greenback Daily Update
March 29 2016Sterling As European traders took a pause for the Easter Break the hunt for yield continued in global markets The absence of European market players … read more
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Daily Update: Sterling Sentiment Weakens 3 Months Ahead of 'Brexit' Vote Daily Update
March 24 2016Sterling Sterling sentiment continued to tumble yesterday as ‘Brexit’ bets intensified in the build-up to the EU referendum on June 23 Now that … read more
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Daily Update: Pound declines on soft CPI Daily Update
March 23 2016Sterling The Pound lost ground across the board yesterday as British inflation came in at 03% in February, marking no change on January’s figure … read more