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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
Household bills, energy and council tax have been cited as the reason inflation is holding at almost double the targeted 2%.
Not an ideal situation for consumers who seem to have been having it hard for some time now.
Add into the mix a falling Pound yesterday, and it's a bit gloomy....unless you're exchanging into Sterling, in which case it's great.
Yesterdays drop in Pound rates was seen as a shift into perceived safe havens with the US suggesting it might start lending weight to Israel in the Iran situation.
Looking ahead there's a slew of scheduled news that could affect GBP, USD and EUR, so it's a real roller coaster end to the week.
First off the bat is the Eurozone inflation number with an annualised growth reading of 2.3% expected.
However that's followed by a raft of speeches from the ECB throughout the afternoon, so GBP/EUR will certainly be in the spotlight.
Further ahead it's the FED's interest rate decision and subsequent FOMC policy statement.
Analysts are predicting no change at 4.5% as President Trump goes toe to toe with the FED Chair, Jerome Powell, to push for abase rate cut.
Then it's the Bank of Englands turn tomorrow with the UK interest rate decision.
With this mornings inflation report, it's almost nailed on for no change at 4.25%.
And if all that wasn't enough, Friday morning sees the UK public sector net borrowing position and the UK retail sales number published.
Hang on to your hats.
EUR: 10:00 Inflation Report
EUR: All Afternoon: Speeches From The ECB
US: 19:00 FED Interest Rate Decision
US: 19:00 FOMC Policy Statement
US: 19:30 FOMC Press Conference
UK: Thursday 12:00 BoE Interest Rate Decision
UK: Thursday 12:00 BoE FMC Vote Count
UK: Friday 07:00 Public Sector Net Borrowing
UK: Friday 07:00 Retail Sales
As ever we look forward to keeping you in the loop and look out for our next update.
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