Tue, April 04, 2017
The Pound declined for the first time since Thursday versus the dollar as U.K. manufacturing growth unanticipatedly slowed for a third month in March.
Factory PMI fell to 54.2 from a revised 54.5 last month, above the key 50 level that divides expansion from contraction, but below economists’ forecast for a rise 55. Sterling curbed a three-day rise against the Euro and fell against all but one of its major peers.
The Pound fell 0.8% to 1.2421 against the Dollar. Sterling advanced 0.6% last week, when it reached a seven-week high. The Pound fell slightly against the Euro to 1.1662, falling from a high of 1.1771.
Data to look out for today.
13:30: EUR ECB President Draghi Speaks In Frankfurt
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| Day | Time | Currency | Event |
|---|---|---|---|
| TUE | 08:30 | GBP | GBP Markit/CIPS UK Construction PMI | TUE | 09:00 | EUR | EUR Euro-Zone Retail Sales (MoM) | TUE | 09:00 | EUR | EUR Euro-Zone Retail Sales (YoY) | TUE | 12:30 | USD | USD Trade Balance | TUE | 13:30 | EUR | EUR ECB President Draghi speaks in Frankfurt | TUE | 14:00 | USD | USD Factory Orders Ex Trans | TUE | 14:00 | USD | USD Cap Goods Orders Nondef Ex Air | TUE | 14:00 | USD | USD Durables Ex Transportation | TUE | 14:00 | USD | USD Cap Goods Ship Nondef Ex Air | TUE | 14:00 | USD | USD Factory Orders | TUE | 14:00 | USD | USD Durable Goods Orders | TUE | 15:30 | USD | USD U.S. to Sell 4-Week Bills | TUE | 20:30 | USD | USD Fed's Tarullo speaks at Princeton University | TUE | 23:01 | GBP | GBP BRC Shop Price Index (YoY) |
| {currency-pair} | {exchange-rate} |
|---|
*These are indicative rates only, based on interbank prices at the time of writing. For exact rates please contact our dealing team
| S | M | T | W | T | F | S |
| 26 | 27 | 28 | 29 | 30 | 31 | 1 |
| 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| 9 | 10 | 11 | 12 | 13 | 14 | 15 |
| 16 | 17 | 18 | 19 | 20 | 21 | 22 |
| 23 | 24 | 25 | 26 | 27 | 28 | 29 |
| 30 | 1 | 2 | 3 | 4 | 5 | 6 |
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