Tomorrow morning we have the release of inflation data from Europe first thing and from the U.K and this will be key for how the day pans out for both the Pound and Euro exchange rates.
Inflation can be a key data release and will no doubt show how much movement there is for a change in fiscal policy along with how an economy is performing.
On Wednesday morning we have unemployment and claimant count data for the U.K – Should we continue to see positive moves forward from ‘Brand Britain’ post referendum then the Pound may be in for a seriously good week… Any back tracking and investors and speculators will no doubt start to lose confidence and the momentum that Sterling has currently gained may well start to slip along with the rate of exchange.
Thursday may be the busiest day of all, with the Bank of England interest rate decision and U.K Retail sales figures.
If you have a currency exchange to carry out over the course of the week or indeed in the near future then it is well worth getting in contact with me directly as I should be able to save you a great deal on your exchange rate, even if you have al;ready been dealing with a broker for a long period of time it is rare that we cannot show a client a saving.
Feel free to contact me (Daniel Wright) on firstname.lastname@example.org or fill in the form below and I will personally get in touch to explain in more detail.