+
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.
Good morning,
Yesterday the FED raised the US interest rate by the expected 0.25% to 4.75%. However it wasn't cut and dried. Some members of the FOMC thought the hike should have been 0.5%. The main dissenter was Jerome Powell.
Today sees the Bank of England make its decision. It's going to be a big day for the Pound on many fronts. Firstly the expectation is for a 0.5% increase to 4%. However last time around there were 2 members of the MPC who voted to not move rates at all. There are a total of 9 votes. The 2 from last time are expected to vote the same way again. What will be interesting is the vote and also the overall hike. It could be a good morning to take risk off the table. Straight after the decision is a speech by the Bank of England Governor, Andrew Bailey.
And if all that wasn't enough there's the ECB rate decision out after that. Analysts are expecting a 0.5% hike to 2.5%. Hold onto your hats.
There's then an ECB press conference and a speech by the ECB President, Christine Lagarde.
CLICK HERE FOR YOUR FREE QUOTE
Today’s Economic Calendar
UK: 12:00 BoE Interest Rate Decision
UK: 12:30 BoE's Andrew Bailey Speech
EUR: 13:15 ECB Interest Rate Decision
EUR: 18:30 ECB's Christine Lagarde Speech
CLICK HERE FOR YOUR FREE QUOTE
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.
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.
