Wed, March 11, 2015
BREAKING NEWS: KBR Foreign Exchange Plc. (KBRFX) identified in London Stock Exchange’s ‘1000 Companies to Inspire Britain’.
KBRFX has made the London Stock Exchange's Second Edition of 1000 Companies to Inspire Britain. 1000 Companies to Inspire Britain is an annual celebration of some of the fastest-growing and most dynamic small and medium-sized enterprises (SMEs) in the UK
The Pound increases for the seventh day against the Euro, reaching its strongest level in more than seven years, as speculation Britain’s economy is growing compared to Euro – Zone.
Bank of England policy maker Ian McCafferty said on Tuesday that the central bank is right to look beyond the temporary impact on inflation of cheaper oil, and that there may be less spare capacity in the economy than it estimated. The Euro tumbled as the ECB began the third day of its 1.1 trillion-euro ($1.2 trillion) bond-buying plan
The Pound was up 1% at €1.4224 against the Euro this morning, and touching 1.4254 its strongest level since November 2007. Sterling fell 0.1% to $1.5055.
Experts at Bank of Tokyo-Mitsubishi predicts the Euro will drop to $1.05 against the Dollar this year.
Data to look out today.
15:00: GBP Estimated GDP for FEB.
CURRENCY PAYMENTS MADE SIMPLE
| Day | Time | Currency | Event |
|---|---|---|---|
| WED | 07:00 | EUR | EUR German Labor Costs w.d.a. (YoY) | WED | 07:00 | EUR | EUR German Labor Costs s.a. (QoQ) | WED | 08:00 | EUR | EUR ECB President Mario Draghi Speaks in Frankfurt | WED | 08:30 | EUR | EUR ECB Executive Board Member Peter Praet Speaks in Frankfurt | WED | 09:30 | GBP | GBP Manufacturing Production (MoM) | WED | 09:30 | GBP | GBP Industrial Production (MoM) | WED | 09:30 | GBP | GBP Industrial Production (YoY) | WED | 09:30 | GBP | GBP Manufacturing Production (YoY) | WED | 10:15 | EUR | EUR ECB's Liikanen Speaks in Frankfurt | WED | 11:00 | GBP | GBP BOE Report on Supervision of Financial Market Infrastructures | WED | 11:00 | USD | USD MBA Mortgage Applications | WED | 13:00 | EUR | EUR ECB's Nowotny Speaks in Frankfurt | WED | 14:30 | USD | USD DOE U.S. Crude Oil Inventories | WED | 14:30 | USD | USD DOE Cushing OK Crude Inventory | WED | 14:30 | USD | USD DOE U.S. Gasoline Inventories | WED | 14:30 | USD | USD DOE U.S. Distillate Inventory | WED | 15:00 | GBP | GBP BOE's Weale Speaks at Event in London | WED | 15:00 | GBP | GBP NIESR Gross Domestic Product Estimate | WED | 20:30 | USD | USD US Fed Releases Results of Second Set of Stress Tests | WED | 00:01 | GBP | GBP RICS House Price Balance | WED | 00:05 | GBP | GBP Bank of England Publishes Quarterly Bulletin |
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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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