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