Foreign Exchange Daily Market Update 14/08/2017
Mon, August 14, 2017
The Pound’s Poor Run Continues
Sterling had a volatile week last week, declining on Friday after new figures reported the UK trade deficit had increased.
This week looks set to bring more volatility for the U.K. currency as UK inflation data is released tomorrow.
Inflation is expected to show a 2.7% rise in July, from 2.6% previously, when it is released at 9.30 on Tuesday.
The Pound rose slightly against the Dollar and the Euro over the weekend to 1.3001 and 1.1008.
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
Data Releases
| Day |
Time |
Currency |
Event |
|
MON | 09:00 | EUR | EUR Euro-Zone Industrial Production s.a. (MoM) |
MON | 09:00 | EUR | EUR Euro-Zone Industrial Production w.d.a. (YoY) |
MON | 12:30 | EUR | EUR Bundesbank's Dombret Speaks in Pretoria |
MON | 15:30 | USD | USD U.S. to Sell USD39 Bln 3-Month Bills |
MON | 15:30 | USD | USD U.S. to Sell USD33 Bln 6-Month Bills
|