GBP/EUR and GBP/USD rates remain towards the bottom of recent ranges. Interest rate decisions last week had some effect bring the Pound back up off recent lows.
Today sees a couple of speeches by Bank of England members which could affect Pound rates throughout the day. However there isn't much scheduled news out today so we are not expecting high degrees of volatility.
Overnight the Peoples Bank of China kept their base rate at 3.7% which was expected.
Midnight tonight Rightmove releases it's property price index. This will be keenly followed by those thinking there could be a cooling off in the property market happening.
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
UK: 09:00 BoE Jonathan Haskell Speech
UK: 14:00 BoE Catherine Mann Speech
EUR: 14:00 ECB Christine Lagarde Speech
UK: Tuesday 00:01 Rightmove House Price Index