Foreign Exchange Daily Market Update 12/03/2015

Thu, March 12, 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

Full Press Release

Pound climbs to it’s strongest since 2007 against the Euro. 

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 Martin Weale said inflation pressures could increase as wages are expected to increase may push policy makers to increases rates. The euro tumbled as the European Central Bank began the third day of its 1.1 trillion-euro ($1.2 trillion) bond-buying plan.

The pound appreciated 0.3% to 1.4137 against the Euro yesterday afternoon, and touched €1.452, its strongest level since November 2007. Sterling fell 0.9% to $1.4942.

Data to look out today.   

13.30 :  USD Retail Sales.

CURRENCY PAYMENTS MADE SIMPLE 

Data Releases