Currency Update

Sterling still under pressure.

  • Sterling still under pressure.  
  • Euro on track for a winning week. 
  • Dollar very much unloved.
  • U.S. oik prices rise.
GBPUSD 1.3309 GBPEUR 1.1223 EURUSD 1.1858 USDCAD 1.2730 GBPINR 86.11 GBPAUD 1.7477 GBPAED 4.886 Pound
  • Sterling edged down from a six-week high yesterday, with traders…
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Sterling hits 3 week high versus dollar

  • Sterling hits 3 week high versus dollar on weak US inflation worries 
  • German election worries still overshadow euro's march
  • Fed looks set to lift rates but weak inflation is a worry and a drag on buck
  • German SPD Schulz under pressure to enter coalition talks
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Market eyes UK inflation data

  • GBP/USD hanging over the edge of a cliff
  • EURUSD orders 14 Nov - Euro feeling the love today
  • U.S. Producer Inflation Data could set the tone 
  • AUD/USD edges higher, Kiwi drops in late trade
GBPUSD 1.3116 GBPEUR 1.1211 EURUSD 1.1699 USDCAD 1.2747 GBPINR 85.91 GBPAUD 1.7210 GBPAED 4.8177 Pound
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GBP falls sharply to begin week

  • Sterling jitterry as politics takes centre stage.  
  • Euro very much range bound.
  • Tax, tax, tax weighs on dollar.
  • Gold looking for direction.
GBPUSD 1.3082 GBPEUR 1.1238 EURUSD 1.1640 USDCAD 1.2700 GBPINR 85.64 GBPAUD 1.7105 GBPAED 4.8055 Pound
  • Sterling has fallen against all its main…
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