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Newsflash - 12th August 2021

Posted by Stuart PritchardAugust 12, 2021

Good morning,

UK GDP information in this morning at 7am.

Headlines: 

Q2 YoY expected 22.1% growth 22.2% actual growth

Q2 QoQ expected 4.8% growth 4.8% actual growth

There was initial volatility at 7am which has died down again leaving the GBP/EUR rate where it was and holding recent gains. GBP/USD also had a bump up yesterday on the back of US CPI data and the gains have held this morning.

Looking ahead today we have the Initial Jobless Claims in the US in the early afternoon.

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.

Today's Economic Calendar

US: 13:30 Initial Jobless Claims

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