Mon, March 02, 2015
The Pound had its best week against the Euro in more than a month as the Bank of England reiterated that the U.K. was still on course for higher interest rates.
Sterling reached a seven-year high against the Euro on Friday and also strengthened against the dollar for the fifth week in a row, as UK econmony grew for an eighty consecutive quarter.
The Pound strengthened 1.9% to 1.3789 on Friday afternoon after touching €1.3804, the strongest since December 2007. Sterling rose 0.3% to $1.5441. It reached $1.5552 on Feb. 26, the highest since Jan. 2.
| Day | Time | Currency | Event |
|---|---|---|---|
| MON | 07:00 | GBP | GBP Nationwide House Prices s.a. (MoM) | MON | 07:00 | GBP | GBP Nationwide House Prices n.s.a. (YoY) | MON | 08:45 | EUR | EUR Markit/ADACI Italy Manufacturing PMI | MON | 08:50 | EUR | EUR Markit France Manufacturing PMI | MON | 08:55 | EUR | EUR Markit/BME Germany Manufacturing PMI | MON | 09:00 | EUR | EUR Markit Eurozone Manufacturing PMI | MON | 09:00 | EUR | EUR Italian Unemployment Rate | MON | 09:00 | EUR | EUR Italian Unemployment Rate s.a. | MON | 09:30 | GBP | GBP Net Consumer Credit | MON | 09:30 | GBP | GBP Net Lending Sec. on Dwellings | MON | 09:30 | GBP | GBP M4 Money Supply (YoY) | MON | 09:30 | GBP | GBP M4 Ex IOFCs 3M Annualised | MON | 09:30 | GBP | GBP Mortgage Approvals | MON | 09:30 | GBP | GBP M4 Money Supply (MoM) | MON | 09:30 | GBP | GBP Markit UK PMI Manufacturing s.a. | MON | 10:00 | EUR | EUR Euro-Zone Consumer Price Index - Core (YoY) | MON | 10:00 | EUR | EUR Euro-Zone Consumer Price Index Estimate (YoY) | MON | 10:00 | EUR | EUR Euro-Zone Unemployment Rate | MON | 10:00 | EUR | EUR Italian Annual Gross Domestic Product | MON | 10:00 | EUR | EUR Italian Deficit to GDP | MON | 13:30 | USD | USD Personal Income | MON | 13:30 | USD | USD Personal Spending | MON | 13:30 | USD | USD Personal Consumption Expenditure Deflator (MoM) | MON | 13:30 | USD | USD Personal Consumption Expenditure Core (MoM) | MON | 13:30 | USD | USD Personal Consumption Expenditure Deflator (YoY) | MON | 13:30 | USD | USD Personal Consumption Expenditure Core (YoY) | MON | 14:45 | USD | USD Markit US Manufacturing PMI | MON | 15:00 | USD | USD ISM Manufacturing | MON | 15:00 | USD | USD ISM Prices Paid | MON | 15:00 | USD | USD Construction Spending (MoM) | MON | 15:00 | USD | USD Former Fed officials Bernanke and Plosser speak in Washington |
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*These are indicative rates only, based on interbank prices at the time of writing. For exact rates please contact our dealing team
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