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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
Tomorrow sees the Bank of England makes it's interest rate decision.
It looks nailed on to be held at 4%.
However the expected vote count by the MPC is for 3 to vote for a cut.
That's a pretty tight call, so all eyes will be watching.
With the budget already being discussed 3 weeks away, and with yesterdays press conference by the Chancellor, Rachel Reeves, she might be hoping for a cut to help stimulate economic growth.
If there is a cut or the vote count is different to expected it could be a bumpy ride for the Pound as the week draws to a close.
Over the pond there's something to get Dollar teeth into on Friday being the non farm payrolls. The last couple of readings have been a bit dismal, and only 50,000 are expected to have been added in October.
All around there could be turbulence ahead. Our dedicated account managers are on hand to provide any help they can if you have an upcoming currency conversion requirement.
UK: Thursday 12:00 BoE Interest Rate Decision
UK: Thursday 12:00 MPC Vote Count
UK: Thursday 12:30 BoEs Andrew Bailey Speech
US: Friday 13:30 Non Farm Payrolls
As ever we look forward to keeping you in the loop and look out for our next update.
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