Mon, July 27, 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
The Pound had its biggest weekly decline since May against the Euro as the speculation over interest rates hike had been deflated by economic data.
Sterling fell 1.8% against the Euro and 0.7% against the Dollar this week as a report on Thursday showed that retail sales unexpectedly decreased. That came as growing speculation that the BOE will raise rates this year, this came after Mark Carney hinted a rate increase could be soon, pushed the pound to its strongest level against the euro since 2007.
The U.K. retail-sales data came one day after minutes from the Bank of England’s July meeting showed a growing number of the Monetary Policy Committee members saw rising inflation risks.
The Pound fell 1.8% in the past week to €1.415 against the Euro on Friday afternoon. It had strengthened 3.6% the previous week. Sterling dropped 0.5% to $1.5516.
GDP figures out tomorrow are expected to show that the U.K. economy has increased 0.7% in the second quarter, compared with 0.4% in the previous three months. The Pound may strengthen toward €1.45 against the euro in the next six months.
Data to look out today.
13:30: USD Durable Goods.
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
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| MON | 06:00 | EUR | EUR German Import Price Index (MoM) | MON | 06:00 | EUR | EUR German Import Price Index (YoY) | MON | 08:00 | EUR | EUR German IFO - Business Climate | MON | 08:00 | EUR | EUR Euro-Zone M3 s.a. (3M) | MON | 08:00 | EUR | EUR German IFO - Current Assessment | MON | 08:00 | EUR | EUR Euro-Zone M3 s.a. (YoY) | MON | 08:00 | EUR | EUR German IFO - Expectations | MON | 10:00 | GBP | GBP CBI Trends Total Orders | MON | 10:00 | GBP | GBP CBI Trends Selling Prices | MON | 10:00 | GBP | GBP CBI Business Optimism | MON | 12:30 | USD | USD Durable Goods Orders | MON | 12:30 | USD | USD Durables Ex Transportation | MON | 12:30 | USD | USD Cap Goods Orders Nondef Ex Air | MON | 12:30 | USD | USD Cap Goods Ship Nondef Ex Air | MON | 14:30 | USD | USD Dallas Fed Manufacturing Activity |
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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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