+
For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
.png){kind=logo}
For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
The Governor of the Bank of England has suggested the outlook for economic growth in the UK is going to be slow. Compounded with his prediction that interest rates won't be reduced in the foreseeable future.
This, along with technical trading, has weighed on Pound rates overnight.
Today sees a raft of Global news which could move the markets.
There's US consumer confidence followed by 5 speeches from the FED and 2 speeches from the ECB including from the President of the ECB, Christine Lagarde.
Going into tomorrow there's the Australian consumer price index followed by the New Zealand interest rate decision where analysts are expecting the rate to be kept unchanged at 5.5%.
If that wasn't enough there's house price data out from the Nationwide at breakfast tomorrow to demonstrate the health of the UK housing market.
US: 13:00 Consumer Confidence
AUS: Wednesday 00:30 Monthly Consumer Price Index
NZ: Wednesday 01:00 Interest Rate Decision
UK: Wednesday 07:00 Nationwide House Prices
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.
