+
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.
The US inflation number came in slightly higher than expected yesterday.
It caused a small storm in a teacup of volatility for Dollar rates, but calmed down quickly.
This takes some of the pressure off the FED to lower interest rates in March, and averted the potential big moves in the US stock market.
In the UK it was a mixed bag this morning also with the monthly GDP reading coming in 0.1% better than expected, but the annualised industrial and manufacturing production numbers coming in below predictions.
Today sees a relatively quiet day again for news. There's a speech from the ECB followed by the US producer price index. After that eyes will turn to the UK in the early hours of Monday for Rightmoves house price index.
Business news sees the spotlight return to the Red Sea where the UK and the US have now started air strikes on the Houthi rebels in an effort to stop the attacks on cargo vessels.
EUR: 12:30 ECB's Philip Lane Speech
US: 13:30 PPI Reading
UK: Monday 00:01 Rightmove House Price Index
As ever we look forward to looking after you and please keep an eye out for our next Insight.
Our friendly currency experts are always on hand to help you. We offer a first class service backed up by an easily accessible online platform to ensure you always have visibility of your transactions.
Our business ethos is based on bank beating and fantastic customer service. Click on the link above for a free, no obligation quote, and see for yourself how Regency FX can save you money.
