+
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.
It's a strong end to the week.
There's a couple of big interest rate decisions over the next couple of days.
Followers of the Canadian Dollar will note the Bank of Canada is expected to keep their base rate at 2.75% later.
However, it's the Euro that might cause the biggest stir.
The ECB is expected to cut the Eurozone base rate 25 points to 2.15% tomorrow which is back down to relatively low levels.
A real possibility of global volatility in forex markets could be on the cards in the next few days.
Not only are there the interest rate decisions, there's also plenty of other global news due out, so it's worth having a look at the following economic calendar.
Throw into the mix the start of global tariffs today, and it could be a bumpy ride.
Metal tariffs of 50% into the US have come into effect although the UK has been excluded for now.
EUR: 09:00 Services PMI
UK: 09:30 Services PMI
CAN: 14:45 BoC Interest Rate Decision
US: 15:00 Services PMI
CAN: 15:30 BoC Press Conference
AUS: Thursday 02:30 Trade Balance
EUR: Thursday 13:15 ECB Interest Rate Decision
EUR: Thursday 13:45 ECB Press Conference
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.
