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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
It seemed inevitable that the Pound might lose ground versus the Euro.
There is a well established technical resistance line for GBP/EUR, and after a good bit of testing yesterday, the Pound failed to break out.
However, it does look to be technical trading only meaning the level could well get re-tested again.
Against other major currencies, such as the Dollar, Australian Dollar and Canadian Dollar, the Pound remains more constant.
Besides a couple of speeches from central banks today there doesn't look to be much more on the table to move rates in the next 24 hours.
The Swiss Franc comes into the spotlight at breakfast tomorrow as the Swiss National Bank releases its interest rate decision. Consensus suggests a 25 point cut to 1%.
Business news covers the Labour party conference where the Prime Minister, Kier Starmer, is suggesting a tougher stance on the long term sick in the UK to encourage them back to work.
UK: 09:00 BoEs Megan Greene Speech
US: 21:00 FEDs Adriana Kugler Speech
CHE: Thursday 08:30 SNB Interest Rate Decision
As ever we look forward to keeping you in the loop and look out for our next update.
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