Fri, August 25, 2017
The Pound has hit an eight-year low versus the Euro after the single currency was encouraged by better than expected economic data while the UK still faces Brexit uncertainty.
Sterling fell near to 1.08 against the Euro as it continued a recent slump which has taken it beyond previous post-referendum lows. It has not been this low since October 2009 when it came close to parity with the euro.
The U.K. currency was also down versus the Dollar, trading at below 1.28 for the first time since the end of June.
Sterling picked up slightly over night to 1.2803 & 1.0862.
Data to look out for today.
13:30: USD Durable Goods Orders
15:00: USD Yellen Speaks At Fed Conference
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 Import Price Index (MoM) | FRI | 06:00 | EUR | EUR German Import Price Index (YoY) | 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 Private Consumption | FRI | 06:00 | EUR | EUR German Government Spending | FRI | 06:00 | EUR | EUR German Capital Investment | FRI | 06:00 | EUR | EUR German Construction Investment | FRI | 06:00 | EUR | EUR German Domestic Demand | FRI | 06:00 | EUR | EUR German Exports | FRI | 06:00 | EUR | EUR German Imports | FRI | 08:00 | EUR | EUR German IFO - Business Climate | FRI | 08:00 | EUR | EUR German IFO - Expectations | FRI | 08:00 | EUR | EUR German IFO - Current Assessment | FRI | 12:30 | USD | USD Durable Goods Orders | FRI | 12:30 | USD | USD Durables Ex Transportation | FRI | 12:30 | USD | USD Cap Goods Orders Nondef Ex Air | FRI | 12:30 | USD | USD Cap Goods Ship Nondef Ex Air | FRI | 14:00 | USD | USD Yellen speaks at Fed Conference in Jackson Hole Wyoming | FRI | 17:00 | USD | USD Baker Hughes U.S. Rig Count | FRI | 19:00 | EUR | EUR ECB President Mario Draghi speaks in Jackson Hole |
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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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