Daily Update

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

• Daily Update: GBP/USD Hits 2-Week High On Improved Risk Sentiment Daily Update

  March 8 2016

  Sterling The Pound took a backseat yesterday and fluctuated in time to economic beats from foreign soils With little domestic data on the docket … read more

• Daily Update: GBP/USD Hits 2-Month High as NFP Wages Disappoint Daily Update

  March 7 2016

  Sterling On Friday it was reported that Britons are more concerned about the European Union than at any point in the past 13 years, which is not … read more

• Daily Update: UK Service Sector Hits 3-Year Low Daily Update

  March 4 2016

  Sterling Data yesterday showed that Britain’s dominant service sector grew at its slowest pace for three years in February The shock PMI result … read more

• Daily Update: Pound Up On Profit-Taking Daily Update

  March 3 2016

  Sterling Profit-taking following a profound depreciation in the Pound last week helped drive Sterling crosses higher yesterday Domestic data came … read more

• Daily Insight: British Manufacturing Hits 34-Month low Daily Update

  March 2 2016

  Sterling Weaknesses in the global economy seeped through to the British manufacturing sector last month, driving the February factory output PMI … read more

• Daily Update: Pound Rallies a Cent Vs. Euro Daily Update

  March 1 2016

  Sterling The Pound performed a little bit better yesterday than in recent trading sessions Markets were pleased by a two-year high mortgage … read more

• Daily Update: Pound Up Minimally Vs. Euro on Inflation Concerns Daily Update

  February 29 2016

  Sterling Sterling failed to make any inroads against most of the majors on Friday as a 14-month low consumer confidence report piled more pressure … read more

• Daily Update: Sterling Close to Significant Lows Despite On-Point GDP Data Daily Update

  February 26 2016

  Sterling The Pound failed to make any inroads versus the majors yesterday as ‘Brexit’ fears continued to plague the UK currency ahead of … read more

• Daily Update: Sterling Receives Pounding as ‘Brexit’ Fears Escalate Daily Update

  February 25 2016

  Sterling Sterling received another pounding yesterday as the hysteria surrounding June’s EU referendum continued to escalate Sentiment towards … read more

• Daily Update: 'Cable' Hits New 7-Year Low Daily Update

  February 24 2016

  Sterling The Pound remained weak against the majors yesterday as Sterling sentiment stayed soft following the revelation that influential London … read more