Wed, April 26, 2017
The Pound fell to a 14 day low versus the Euro yesterday, its renewed strength is mainly due to the outcome of the first round of the French presidential election.
Macron received 24% of the votes while Le Pen received 21.3%. These two will now go to a run off to determine the next French President. This will go ahead on May 7.
The Euro surged to a 1.4% rise against the Pound, seeing it advance to a high of 1.1727. The Euros biggest gain since January.
The Pound is still riding high versus the Dollar at 1.2802. Sterling recovered slightly against the Euro to 1.1741.
Data to look out for 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
| Day | Time | Currency | Event |
|---|---|---|---|
| WED | 11:00 | USD | USD MBA Mortgage Applications | WED | 14:00 | USD | USD Revisions: Retail Sales | WED | 14:30 | USD | USD DOE Cushing OK Crude Inventory | WED | 14:30 | USD | USD DOE U.S. Gasoline Inventories | WED | 14:30 | USD | USD DOE U.S. Crude Oil Inventories | WED | 14:30 | USD | USD DOE U.S. Distillate Inventory | WED | 15:30 | USD | USD U.S. to Sell USD15 Bln 2-Year Floating Rate Notes | WED | 17:00 | USD | USD U.S. to Sell USD34 Bln 5-Year Notes |
| {currency-pair} | {exchange-rate} |
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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
| 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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