+
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.
At midday yesterday the Pound had a sharp decline against most major currencies.
Although news rhetoric points towards the UK unemployment rate, it looks more like technical trading rather than news led.
Today it's all about US inflation. Analysts are expecting annualised growth of 2.6% which would be an uptick from the 2.4% last month.
This will be a key factor on the FED interest rate decision in December.
Consensus at the moment points to a FED rate cut in December and a UK cut in February.
As ever these decisions will be steered by inflation.
Going into tomorrow eyes will turn to Australia with their unemployment rate being published in the early hours.
Expect a rate of 4.1% there.
Business news continues to be scarce with news stories weighing up the winners and losers from the US election.
US: 13:30 Inflation Report
AUS: Thursday 00:30 Unemployment Rate
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.
