Are we in the calm before the storm?
The last couple of weeks have seen stock markets and currency exchange rates settle down as the Iran conflict has quietened down.
However, from an exchange rate perspective, that could all change in the next day or two.
There's data rolling in from every direction.
Kicking things off is the FEDs interest rate decision this evening. It looks nailed on for the rate to be held at 3.75%.
That's followed by preliminary inflation numbers out of the Eurozone tomorrow morning before the big one at midday.
The Bank of England will announce it's interest rate decision.
Whilst 3.75% looks almost guaranteed, it will be the vote count and the subsequent press conference with the BoE Governor, Andrew Bailey, that will be scrutinised.
All told it could be a lively second half of the week.
Here at Regency FX our team of dedicated account managers is on hand to help you make any upcoming decisions you might have around currency exchange.
CAN: 14:45 BoC Interest Rate Decision
US: 18:00 FED Interest Rate Decision
US: 18:30 FOMC Press Conference
EUR: Thursday 10:00 Preliminary Inflation Report
UK: Thursday 12:00 BoE Interest Rate Decision
UK: Thursday 12:00 MPC Vote Count
UK: Thursday 12:30 BoE Governor Speech
As ever we look forward to keeping you in the loop and look out for our next update.
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