Pound Pushing Highs - MI290124

January 29, 2024
Pound Pushing Highs - MI290124

Early trading sees the Pound continue to impress versus the Euro.

With little news out today it could be a technical pull back that might affect the rate.

There is a speech just after lunch from a member of the ECB, so that could move things also.

Other than that it's just Australian retail sales reported in the early hours of Tuesday.

Business news speculates on the Bank of England cutting the base rate, but not with any real substance.

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Economic calendar

EUR: 13:15 ECB's Luis De Guindos Speech

AUS: Tuesday 00:30 Retail Sales

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

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