Foreign Exchange Daily Market Update 30/11/2017

Thu, November 30, 2017

Euro weaken as CPI growths comes less than expected.

The Euro weakened as consumer-price growth comes in less than expected.

The Euro fell as a drop-in euro-zone unemployment failed to set alight inflation. The dollar rose as signs of progress on U.S. tax reform. Sterling gained as Brexit negotiators moved closer to a divorce agreement.

Senate Republicans voted to begin the debate on their sweeping tax-overhaul bill, touching off a process that could produce an up-or-down vote before the end of this week.

The Pound rose 0.2% to $1.346 this morning against the dollar, the highest in two months. Sterling rose to 1.138 this morning against the Euro.

 

Data to look out today.   

13:30 USD initial Jobless claims.

 

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
Thur 07:00 GBP GBP Nationwide House Px n.s.a. (YoY)
Thur 07:00 GBP GBP Nationwide House PX (MoM)
Thur 07:00 EUR EUR German Retail Sales (MoM)
Thur 07:00 EUR EUR German Retail Sales (YoY)
Thur 08:00 EUR EUR ECB Executive Board member Yves Mersch speaks in Rome
Thur 08:55 EUR EUR German Unemployment Change (000's)
Thur 08:55 EUR EUR German Unemployment Claims Rate s.a.
Thur 09:00 EUR EUR 173rd OPEC Meeting Starts in Vienna Austria
Thur 10:00 EUR EUR Euro-Zone Unemployment Rate
Thur 10:00 EUR EUR Euro-Zone Consumer Price Index Estimate (YoY)
Thur 10:00 EUR EUR Euro-Zone Consumer Price Index Core (YoY)
Thur 13:30 CAD CAD Current Account Balance
Thur 13:30 USD USD Initial Jobless Claims
Thur 13:30 USD USD Continuing Claims
Thur 13:30 USD USD Personal Income
Thur 13:30 USD USD Personal Spending
Thur 13:30 USD USD Real Personal Spending
Thur 13:30 USD USD PCE Deflator (MoM)
Thur 13:30 USD USD Personal Consumption Expenditure Deflator (YoY)
Thur 13:30 USD USD PCE Core (MoM)
Thur 13:30 USD USD PCE Core (YoY)
Thur 14:45 USD USD Chicago Purchasing Manager
Thur 15:30 USD USD EIA Natural Gas Storage Change
Thur 15:30 USD USD EIA Working Natural Gas Implied Flow
Thur 17:30 USD USD Fed's Quarles Speaks on Payments Systems in Cleveland
Thur 18:00 USD USD Fed's Kaplan Speaks in Dallas
Thur USD USD Wards Total Vehicle Sales
Thur USD USD Domestic Vehicle Sales

Foreign Exchange Rates

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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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