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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
The Pound is pushing up to long term technical resistance against both the Euro and the Dollar.
So is this the end for Sterling dominance?
It's actually a very difficult question to answer.
On one hand, there will be selling power from a purely technical perspective. On the other the Bank of England didn't cut rates yesterday, and some of the numbers, such as retail sales this morning, are looking quite healthy.
It's a real toss of the coin.
Are we on for a break out? Only time will tell.
Heading into today it's speeches that dominate with Eurozone consumer confidence thrown into the mix.
The Bank of England, Bank of Canada, the FED, and a key note speech from the President of the ECB, Christine Lagarde lead the way to move the markets.
Business news covers the UK interest rate decision with the Bank of England Governor, Andrew Bailey, confirming that although the rate wasn't cut this time around, the trajectory is South.
UK: 10:30 BoEs Catherine Mann Speech
CAN: 13:30 BoCs Tiff Macklem Speech
EUR: 15:00 Consumer Confidence
EUR: 16:00 ECBs Christine Lagarde Speech
US: 19:00 FEDs Patrick Harker Speech
As ever we look forward to keeping you in the loop and look out for our next update.
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