Market insights

Super Thursday - 4th November 2021

Good morning,

So it's Super Thursday!

12 noon sees the Interest Rate Decision, Monetary Policy Statement, Interest Rate Vote, and Bank of England Asset Purchase Update out from the UK....and today's could be very interesting.

For the first time, in a long time, it's thought the interest rate might go up 0.25%.

This is big on many levels as it indicates both the strength of the UK economy, and more importantly right now, the situation around higher than normal inflation.

Interestingly any number outside of this prediction could cause shockwaves for GBP rates against any of the majors.

We will put a newsflash out straight after the event.

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.

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Today’s Economic Calendar

UK: 12:00 Super Thursday

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