Mon, February 22, 2016
The Pound fell the most in more than a year after Boris Johnson (the UK London Mayor) said he’ll campaign for the U.K. to leave the EU in a June referendum.
Sterling dropped at least 1.2% against every one of its 16 major peers, reversing an advance made on Friday when PM David Cameron secured a deal on membership terms with EU leaders in Brussels.
A telephone poll carried out on Saturday shows 48% of respondents want the U.K. to stay in the EU, compared with 33% who would vote to leave and 19% who are undecided.
The Pound fell 1.6% to 1.4181 against the Dollar as of 8:38 a.m., set for the biggest decline since Jan. 2, 2015. While the currency is down 3.6% this year, it remains above an almost seven-year low of 1.4080 reached in January. Sterling also fell against the Euro to 1.2766.
Data to look out for today.
Not Much Data Out Today
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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 | 08:00 | EUR | EUR Markit France Manufacturing PMI | MON | 08:00 | EUR | EUR Markit France Services PMI | MON | 08:00 | EUR | EUR Markit France Composite PMI | MON | 08:30 | EUR | EUR Markit/BME Germany Manufacturing PMI | MON | 08:30 | EUR | EUR Markit Germany Services PMI | MON | 08:30 | EUR | EUR Markit/BME Germany Composite PMI | MON | 09:00 | EUR | EUR Markit Eurozone Composite PMI | MON | 09:00 | EUR | EUR Markit Eurozone Manufacturing PMI | MON | 09:00 | EUR | EUR Markit Eurozone Services PMI | MON | 11:00 | GBP | GBP CBI Trends Selling Prices | MON | 11:00 | GBP | GBP CBI Trends Total Orders | MON | 13:30 | USD | USD Chicago Fed Nat Activity Index | MON | 14:45 | USD | USD Markit US Manufacturing PMI | MON | 16:30 | USD | USD U.S. to Sell 3-Month Bills | MON | 16:30 | USD | USD U.S. to Sell 6-Month Bills | MON | 18:00 | EUR | EUR ECB's Sabine Lautenschläger Speaks in Stuttgart |
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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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