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Foreign Exchange Daily Market Update 12/05/2015

Tue, May 12, 2015

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 2015 high as industrial output exceeds forecasts.  

The Pound rose for a third day against the Dollar and reached the highest level this year as U.K. industrial production unexpectedly rose the most in six months.

Sterling has climbed about 2.7% against the Dollar since the election.

Industrial output gained 0.5% in March from the previous month. Manufacturing rose 0.4% in the same period, exceeding the 0.3% predicted.

The Pound advanced 0.6% to $1.5674 this morning, after touching $1.5706, the strongest level since Dec. 19. Sterling weakened 0.3% €1.3847 against Euro, after appreciating almost 4 percent in the previous three days.

 

Data to look out today.   

 Not much data out today

 

CURRENCY PAYMENTS MADE SIMPLE  

 

PRESS RELEASE

KBRFX was mentioned in the Essex Chronicle for the top 100 companies by turnover in Essex http://www.essexchronicle.co.uk/100-Essex-businesses-revealed-annual-survey/story-25140555-detail/story.html

Data Releases

Day Time Currency Event
TUE 07:00 EUR EUR EU's Economic & Financial Affairs Council Meets in Brussels
TUE 08:30 GBP GBP Manufacturing Production (MoM)
TUE 08:30 GBP GBP Industrial Production (MoM)
TUE 08:30 GBP GBP Industrial Production (YoY)
TUE 08:30 GBP GBP Manufacturing Production (YoY)
TUE 13:00 USD USD NFIB Small Business Optimism
TUE 14:00 GBP GBP NIESR Gross Domestic Product Estimate
TUE 14:00 USD USD JOLTS Job Openings
TUE 16:45 USD USD Fed's Williams Speaks at New York Association for Business Eco
TUE 18:00 USD USD Monthly Budget Statement

Foreign Exchange Rates

GBP/ USD 1.5677
GBP/ EUR 1.3933
EUR/ USD 1.1243
GBP/ AUD 1.9633
GBP/ CAD 1.8882
GBP/ CHF 1.4476
GBP/ CZK 38.194
GBP/ DKK 10.3981
GBP/ HKD 12.1519
GBP/ INR 100.62
GBP/ JPY 188.06
GBP/ NOK 11.6914
GBP/ NZD 2.1227
GBP/ PLN 5.7114
GBP/ SEK 12.9871
GBP/ SGD 2.0820
GBP/ THB 52.88
GBP/ TRY 4.2195
GBP/ ZAR 19.0210
GBP/ CNY 9.5960

*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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