Fri, May 12, 2017
The Pound declined the most in a month after the BOE voted to keep rates unchanged by a 7-1 vote, a result that disappointed those who thought a second policy maker would join Kristin Forbes in calling for higher rates.
Sterling traded at its weakest level in a week after policy makers maintained rates at 0.25%, a decision which was expected by most economists. The currency neared its strongest level in 9 months leading up to the decision.
The Pound fell 0.7% to 1.2852 against the Dollar, its biggest one-day drop in a month. It had earlier reached $1.2949, before falling after data yesterday morning showed U.K. industrial output and trade were lower than expected in March.
Data to look out for today.
13:30: USD Consumer Price Index
13:30: USD Advance Retail Sales
15:00: USD U. Of Michigan Confidence
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 |
|---|---|---|---|
| FRI | 06:00 | EUR | EUR German Gross Domestic Product s.a. (QoQ) | FRI | 06:00 | EUR | EUR German Gross Domestic Product w.d.a. (YoY) | FRI | 06:00 | EUR | EUR German Gross Domestic Product n.s.a. (YoY) | FRI | 06:00 | EUR | EUR German Consumer Price Index (MoM) | FRI | 06:00 | EUR | EUR German Consumer Price Index (YoY) | FRI | 09:00 | EUR | EUR Euro-Zone Industrial Production s.a. (MoM) | FRI | 09:00 | EUR | EUR Euro-Zone Industrial Production w.d.a. (YoY) | FRI | 12:30 | USD | USD Consumer Price Index (MoM) | FRI | 12:30 | USD | USD Consumer Price Index Ex Food & Energy (MoM) | FRI | 12:30 | USD | USD Consumer Price Index (YoY) | FRI | 12:30 | USD | USD Consumer Price Index Ex Food & Energy (YoY) | FRI | 12:30 | USD | USD Consumer Price Index Core Index s.a. | FRI | 12:30 | USD | USD Consumer Price Index n.s.a. | FRI | 12:30 | USD | USD Real Avg Weekly Earnings (YoY) | FRI | 12:30 | USD | USD Real Avg Hourly Earning (YoY) | FRI | 12:30 | USD | USD Advance Retail Sales | FRI | 12:30 | USD | USD Retail Sales Less Autos | FRI | 12:30 | USD | USD Retail Sales Ex Auto and Gas | FRI | 12:30 | USD | USD Retail Sales Control Group | FRI | 13:00 | USD | USD Fed's Evans Speaks in Dublin | FRI | 14:00 | USD | USD U. of Michigan Confidence | FRI | 14:00 | USD | USD U. of Mich. Current Conditions | FRI | 14:00 | USD | USD U. of Mich. Expectations | FRI | 14:00 | USD | USD U. of Mich. 1 Yr Inflation | FRI | 14:00 | USD | USD U. of Mich. 5-10 Yr Inflation | FRI | 14:00 | USD | USD Business Inventories | FRI | 16:30 | USD | USD Philadelphia Fed's Harker Speeks at Drexel University | FRI | 17:00 | USD | USD Baker Hughes U.S. Rig Count |
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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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