DAILY CURRENCY REPORTS

Stay ahead of the game with our Currency Reports. Here you can stay on top of what's happening on the currency markets - constantly updated, this page will show you how the news and changes in world circumstances will make currency fluctuate.

Pound Won’t Be Beaten 29 July 2010 - Currency Solutions The Pound is fending off assaults from all angles. Negative housing data and Mervyn’s King’s attempts to rein back the UK economic outlook with a serious dose of pragmatism haven’t prevented Sterling from hitting yet further highs against the US Dollar Read More >>

Tirade against the conduct of leading British banks 29 July 2010 - AxiaFX Mervyn King broke from his conservative norm yesterday in a tirade against the conduct of leading British banks in a showing that may prove rather ominous for the UK's financial institutions Read More >>

Markets relatively quiet overnight, however USD weakness continues 29 July 2010 - Worldwide Currencies The Pound a little weaker after early selling at the opening against the Euro, and looking technically set to test the resistance of £/$ 1.5700 levels. However, BoE Governor Mervyn King warned yesterday that a sustained economic recovery was still uncertain and inflation would remain above the 2% target for the next year. Read More >>

The Pound continued to rise against the Greenback yesterday 29 July 2010 - UKforex Cable saw an early rally Wednesday morning when stops tripped through 1.5600 taking the currency pair to a UK session high of 1.5626. Read More >>

NZ interest rates move higher again 29 July 2010 - Moneycorp And 'stable' exchange rates could be described as 'tedious'. That has been the case for most currencies over the last 24 hours. Cable has moved by less than the bid-offer spread Read More >>

Poor reviews for the latest Beige Book 29 July 2010 - Currencies Direct The Governor of the Bank of England, Mervin King, warned yesterday that a continued economic recovery was still unsure and that inflation is likely to remain above the 2% target for the next year. Read More >>

US data disappoints 29 July 2010 - Halo Financial The three expected events yesterday had their effect but there were some curve balls as well. Mervyn King, the governor of the Bank of England was in good form. Every time he opens his mouth, Sterling weakens and yesterday was another bravura performance Read More >>

The Pound made significant gains against a basket of currencies yesterday 29 July 2010 - TorFX UK currency also re-visited the resistance level at 1.20 versus the Euro. The Australian Dollar has declined heavily against the Pound and U.S Dollar, after the latest inflationary data showed that consumer prices fell short of initial expectations in June Read More >>

The recent run of positive data for the UK improves risk appetite as sterling continues to gain 29 July 2010 - International Foreign Exchange Sterling reached a new five month high of $1.5638 against the dollar yesterday after the recent run of positive data improved the economic outlook for the UK Read More >>

Thursday 29th July Exchange Rate Update 29 July 2010 - World First Thursday 29th July Exchange Rate Update Read More >>

Positive sentiment still emanating from last week's strong GDP 29 July 2010 - Travelex With a week almost depleted of data from the UK, last week's stronger economic data continued to offer support for the local currency Read More >>

Sterling and the single currency exchanged sentiment throughout the day 29 July 2010 - CaxtonFX Sterling and the single currency exchanged sentiment throughout the day staying within a relatively tight 70 pip range topping out at 1.2027 and falling as low as 1.1952. Some weak US data at lunch time looked as if the safer pound could edge out some gains, however, the euro managed to get back to almost parity with the day's opening price Read More >>

Sterling breached the $1.56/ £1 barrier 29 July 2010 - Smart Currency The pound continued to ride the wave of strong GDP and better than expected retail sales data and this saw investors treat sterling with optimism Read More >>

Mervyn King Only Dents Pound 29 July 2010 - World First Not even the dovishness of the Bank of England Governor Mervyn King has been able to dissuade investors and speculators from backing the pound; something that is raising eyebrows in many a strategist's office, not least mine. Read More >>

Currencies Direct daily rates. 29 July 2010 29 July 2010 - Currencies Direct Currencies Direct Daily Rates Read More >>

Mid-Market Exchange Rates against the British Pound GBP 29 July 2010 - Currency Solutions Mid-Market Exchange Rates against the British Pound GBP at 08:32 AM BST Read More >>

Dollar traded with a heavy bias yesterday 29 July 2010 - No1 Currency behind the headline, the outlook is not so gloomy with investment spending expected to hold up and thus boost orders in the coming months. Read More >>

The Pound rallied to a fresh five-month high against the U.S Dollar 28 July 2010 - TorFX UK currency also made strong gains versus the majority of the 16 most actively traded currencies. Sterling hit a high of 1.5575 in London, as global risk appetite continues to improve, diminishing the allure of the U.S Dollar as a safe haven asset. Read More >>

Will Bank of England testimony preserve the Pound’s climb? 28 July 2010 - Currency Solutions Sterling has held onto yesterday’s gains as investors today await news of the Bank of England’s policy meeting with the UK Treasury Select Committee that began at 8.45am this morning Read More >>

Strong UK sales data from the CBI and a higher than expected German consumer confidence reading 28 July 2010 - Worldwide Currencies Strong UK sales data from the CBI and a higher than expected German consumer confidence reading, saw the USD hold onto its continued down trend. Read More >>

Australasian data disappoints 28 July 2010 - Halo Financial After a largely data free Monday, Tuesday’s flurry of positive EU data wasn’t enough to get traders truly fired up Read More >>

West struggling to recover from the financial crisis that has plagued our shores 28 July 2010 - AxiaFX As the National Institute of Economic and Social Research continue the growing clamour over the potential of China, predicting that they will pass the US as the worlds largest economy by 2020, I feel world economics has reached somewhat of an impasse Read More >>

Sterling Surges On 28 July 2010 - Currencies Direct Sterling received another boast this morning after a leading think-tank announced that Britain will avoid a double-dip recession and its economy will expand at trend growth rates as early as 2012 Read More >>

Dollar remains offered as equities regain positive territory for 2010 28 July 2010 - VoltrexFX The Dollar continues to remain generally offered on the FX market this week with EURUSD hovering around 1.30 and cable testing 1.56. Read More >>

Pound lifts in Europe, but Bulgaria and Croatia hit the spot for value this summer 28 July 2010 - ICE destinations in the Eurozone are offering more value than last summer with the Pound strengthening 2.97% year on year Read More >>

US consumer confidence falling to a 5-month low 28 July 2010 - No1 Currency reaction in financial markets was muted allowed bond yields to rise and dollar followed suit eroding most of its earlier losses Read More >>

Mid-Market Exchange Rates against the British Pound GBP 28 July 2010 - Currency Solutions Mid-Market Exchange Rates against the British Pound GBP Read More >>

Wednesday 28th July Exchange Rate Update 28 July 2010 - World First Wednesday 28th July Exchange Rate Update Read More >>

Pound Continues on CBI, Banking Although Mervyn Looms 28 July 2010 - World First The combination of strong economic data and a banking sector buoyed by the stress tests acted as a vitamin cocktail for the pound yesterday as it fought back after a wobbly 48hrs of trade Read More >>

July retail sales rise at their fastest pace in 3 years 28 July 2010 - International Foreign Exchange Yesterday saw July retail sales rise at their fastest pace in 3 years, boosting Sterling to a 5- month high against the dollar. Read More >>

Sterling continued to strengthen to a 5 month high against the US dollar 28 July 2010 - Smart Currency Sterling continued to strengthen to a 5 month high against the US dollar after better than expected retail sales data boosted the pound further off the back of last week’s strong GDP data Read More >>

Currencies Direct daily rates 28 July 2010 - Currencies Direct Currencies Direct daily rates Read More >>

Sterling extended its gains yesterday with investors buoyed by yet more positive data from the UK 28 July 2010 - Travelex Sterling extended its gains yesterday with investors buoyed by yet more positive data from the UK. A survey by the Confederation of British Industry saw retail sales rising at their fastest pace in three years. This allowed sterling to reach five month highs against the US dollar. Read More >>

Clouds formed over the Eurozone may have blown over for now. 27 July 2010 - AxiaFX As arguments continue over the nature of the European stress tests, it seems the storm clouds formed over the Eurozone may have blown over for now. Read More >>

Daily Insight 27 July 2010 - TorFX The Pound took advantage of broad Dollar weakness yesterday, rising to the highest level in three months in London Read More >>

Daily Currency Insight 27 July 2010 - Halo Financial Quiet Monday leaves markets in narrow ranges Read More >>

UKForex Daily Commentary - 27/07/2010 27 July 2010 - UKforex Cable has seen a fairly quite 24 hours. Sterling still reeling off of Fridays better than expected UK GDP data pushed to break through 1.5500 against the US Dollar Read More >>

Majority approves the stress tests 27 July 2010 - Moneycorp US new home sales rebound in June Read More >>

VFX Market Report 27 July 2010 - VoltrexFX Euro trades higher—ECB’s Trichet found stress test execution impressive Read More >>

Caxton FX Morning Report: 27.07.10 27 July 2010 - CaxtonFX Sterling closed marginally down on the day against the single currency, having hit a high over 1.2010 at about mid-morning. Read More >>

Currencies Direct daily rates 27 July 2010 - Currencies Direct Currencies Direct daily rates Read More >>

Euro Gains as Banks Shrug Off Stress Tests 27 July 2010 - World First Euro moves back above 1.30 against USD Read More >>

Mid-Market Exchange Rates against the British Pound GBP 27 July 2010 - Currency Solutions Mid-Market Exchange Rates against the British Pound GBP Read More >>

Morning News Brief 27 July 2010 - Gekko Markets BP announced a 2Q loss of $17.15bln vs net income of $4.38bln a year ago and 2Q replacement cost loss of $16.97bln vs a profit of $3.14bln last year Read More >>

MARKET COMMENT 27 July 2010 - Nexus Capital US indices continued to trade up on Monday driven by gains in the real estate, transportation and banks sectors Read More >>

Market Update 27 July 2010 - TorFX After having drifted over three cents lower from the July 15th peak Sterling put on nearly a cent on Thursday after retail sales for June beat expectations Read More >>

Euro weekly update 27 July 2010 - Moneycorp Most European banks receive a clean bill of health. Read More >>

US Dollar weekly update 27 July 2010 - Moneycorp The Federal Reserve is ready for another round of quantitative easing if necessary. Read More >>

Australian Dollar weekly update 27 July 2010 - Moneycorp Australian inflation data this week will be a guide to next week's interest rate decision. Read More >>

Canada Dollar weekly update 27 July 2010 Bank of Canada raises its overnight rate from 0.5% to 0.75%. Read More >>