Market insights

Is The Correction Starting

Wednesday sees the UK budget at around 12 noon.

The budget has historically caused big moves in exchange rates.

Today has already seen such a move for the Pound.

The market open reported a 0.33% drop for Sterling versus the Euro.

We are expecting more of the same throughout this week.

Here at Regency FX we are positioned to help our clients potentially mitigate exchange rate risk.

We would absolutely encourage all of our clients to reach out to us to discuss options.

On top of all that there's interest rate decisions from the US and the Eurozone.

Plenty to keep everyone occupied!

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Economic calendar

US: Wednesday 18:00 FED Interest Rate Decision

EUR: Thursday 13:15pm ECB Interest Rate Decision

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