Foreign Exchange Daily Market Update 02/01/2018

Tue, January 02, 2018

Pound touches a 3 month high against the USD as Manufacturing increases.  

Sterling touched a three-month high against the dollar as U.K. manufacturing data showed an increase in December.

The pound rose as much as 0.5% as manufacturing activity continued to expand, although at a slightly slower pace than the previous month. Sterling has also benefited in recent weeks from a weaker dollar, ending 2017 up almost 10%.

Sterling gained 0.3% to $1.3547 this morning against the dollar, after touching $1.3567. It fell 0.2% to 1.122 against the Euro.


Data to look out today.   

Not much data out today




KBRFX was mentioned in the Essex Chronicle for the top 100 companies by turnover in Essex

Data Releases

Day Time Currency Event
TUE 08:45 EUR EUR Markit/ADACI Italy Manufacturing PMI
TUE 08:50 EUR EUR Markit France Manufacturing PMI
TUE 08:55 EUR EUR Markit/BME Germany Manufacturing PMI
TUE 09:00 EUR EUR Markit Eurozone Manufacturing PMI
TUE 09:30 GBP GBP Markit UK PMI Manufacturing s.a.
TUE 14:45 USD USD Markit US Manufacturing PMI
TUE 16:30 USD USD U.S. to Sell USD50 Bln 4-Week Bills
TUE 16:30 USD USD U.S. to Sell USD48 Bln 3-Month Bills
TUE 16:30 USD USD U.S. to Sell USD42 Bln 6-Month Bills
TUE 16:30 USD USD U.S. to Sell USD20 Bln 52-Week Bills
TUE USD USD Wards Total Vehicle Sales
TUE USD USD Domestic Vehicle Sales

Foreign Exchange Rates

GBP/ USD 1.35471
GBP/ EUR 1.12460
EUR/ USD 1.20399
GBP/ AUD 1.73173
GBP/ CAD 1.69877
GBP/ CHF 1.31673
GBP/ CZK 28.6844
GBP/ DKK 8.37160
GBP/ HKD 10.58639
GBP/ INR 85.9242
GBP/ JPY 151.865
GBP/ NOK 10.98389
GBP/ NZD 1.90506
GBP/ PLN 4.68124
GBP/ SEK 11.05278
GBP/ SGD 1.80083
GBP/ THB 43.9436
GBP/ TRY 5.10062
GBP/ ZAR 16.77286

*These are indicative rates only, based on interbank prices at the time of writing. For exact rates please contact our dealing team

January 2018
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3
RSS Feed

Please subscribe to our FREE foreign exchange market update feed.

Cookies On The KBRFX Website

We use cookies on our website. They help us to know a little bit about you & how you use our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on our website. However, if you would like to, you can change your cookie settings at any time.

Continue Find out more