Login

Market Comment - 14th February 2022

Posted by Andy DyerFebruary 14, 2022

Good morning,

The Pound has been steadily gaining versus the Euro for the last week. The ECB President, Christine Lagarde, indicated in a press conference that the ECB might raise interest rates sooner rather than later. This caused an immediate weakening of the Pound although the rate reversed again a week ago and has been steadily climbing since. Today sees further speeches from the ECB President so it could be an interesting day for GBP/EUR.

Against the Dollar the Pound has been in a relatively tight range since the start of the year and with no scheduled news from the States today it's unlikely the rate will shift hugely.

As ever we look forward to keeping you in the loop and look out for our next update.

Our friendly currency experts are here to assist you and guide you through the markets, we offer a first-class service and even an online platform so you can monitor your transaction in real time.

Our business ethos is based on bank beating rates and fantastic customer service, click the link below for a no obligation quotation and see the savings for yourself.

Today’s Economic Calendar

EUR: 16:15 ECB Speech

EUR: 16:30 ECB Speech

JPN: 23:50 GDP Data

UK: Tuesday 07:00 Employment Numbers

© 2022. RegencyFX Ltd. All rights reserved. *Third party fees may apply.

Payment services for RegencyFX Ltd are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: The Steward Building 1st Floor, 12 Steward Street London E1 6FQ.

The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199). In the US Currency Cloud operates in partnership with CFSB. CFSB fully owns the bank program and services are provided by The Currency Cloud Inc.

Currency Pairs, Approved Jurisdictions and Non-Permitted Activity

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram