Sterling exchange rates – What to expect next week (Daniel Wright)

GBP EUR Exchange Rate: Weekly Review July 16  

We have a number of key data releases out next week around the world, not to forget any further news on the referendum that may throw a little into the mix.

The real key focus for anyone looking to buy or sell Euros will be the European Central Bank interest rate decision and press conference due out on Thursday afternoon. Investors will be looking for any change in fiscal policy and also just as importantly any indications on future decisions.

Monday, APR 20

24h EMU EUR IMF Meeting
21:45 NZ NZD Consumer Price Index (QoQ) (Q1)
21:45 NZ NZD Consumer Price Index (YoY) (Q1)
14:00 US USD NAHB Housing Market Index (Apr)
TUESDAY, APR 19
01:30 AU AUD RBA Meeting’s Minutes
09:00 DE EUR ZEW Survey – Current Situation (Apr)
09:00 DE EUR ZEW Survey – Economic Sentiment (Apr)
09:00 EMU EUR ZEW Survey – Economic Sentiment (Apr)
12:30 US USD Building Permits (MoM) (Mar)
12:30 US USD Housing Starts (MoM) (Mar)
13:30 AU AUD RBA’s Governor Glenn Stevens Speech
15:00 CA CAD BoC Governor Poloz Speech
WEDNESDAY, APR 20
06:00 DE EUR Producer Price Index (MoM) (Mar)
06:00 DE EUR Producer Price Index (YoY) (Mar)
09:00 CH CHF ZEW Survey – Expectations (Apr)
n/a DE EUR 10-y Bond Auction
23:50 JP JPY Foreign investment in Japan stocks (Apr 15)
23:50 JP JPY Foreign bond investment (Apr 15)
THURSDAY, APR 21
01:30 AU AUD National Australia Bank’s Business Confidence (QoQ) (Q1)
08:30 UK GBP Retail Sales ex-Fuel (YoY) (Mar)
08:30 UK GBP Retail Sales (YoY) (Mar)
08:30 UK GBP Retail Sales ex-Fuel (MoM) (Mar)
08:30 UK GBP Retail Sales (MoM) (Mar)
08:30 UK GBP Public Sector Net Borrowing (Mar)
11:45 EMU EUR ECB Interest Rate Decision (Apr 21)
12:30 US USD Continuing Jobless Claims (Apr 8)
12:30 US USD Initial Jobless Claims (Apr 15)
12:30 US USD Philadelphia Fed Manufacturing Survey (Apr)
12:30 EMU EUR ECB Monetary policy statement and press conference
13:00 US USD Housing Price Index (MoM) (Feb)
14:00 US USD CB Leading Indicator (MoM) (Mar)
FRIDAY, APR 22
04:30 JP JPY Tertiary Industry Index (MoM) (Feb)
07:30 DE EUR Markit PMI Composite (Apr)
07:30 DE EUR Markit Manufacturing PMI (Apr)
07:30 DE EUR Markit Services PMI (Apr)
08:00 DE EUR IFO – Business Climate (Apr)
08:00 DE EUR IFO – Current Assessment (Apr)
08:00 DE EUR IFO – Expectations (Apr)
08:00 EMU EUR Markit Manufacturing PMI (Apr)
08:00 EMU EUR Markit Services PMI (Apr)
08:00 EMU EUR Markit PMI Composite (Apr)
13:30 CA CAD Consumer Price Index (MoM) (Mar)
13:30 CA CAD Consumer Price Index – Core (MoM) (Mar)
13:30 CA CAD Consumer Price Index (YoY) (Mar)
13:30 CA CAD Bank of Canada Consumer Price Index Core (MoM) (Mar)
13:30 CA CAD Bank of Canada Consumer Price Index Core (YoY) (Mar)
13:45 US USD Markit Manufacturing PMI (Apr)  
13:45 US USD Markit Services PMI (Apr)
13:45 US USD Markit PMI Composite (Apr)
17:00 US USD Baker Hughes US Oil Rig Count

If you have a currency exchange to carry out and you would like to know how all of these releases may impact your rate of exchange then we can explain everything to you and help you save a great deal of money.

If you have the need to buy or indeed sell Sterling for your business, due to a property purchase/sale or for any other reason then it is important to have a proactive broker on your side and one that can get you the very top levels of exchange – It is very easy to settle for second best in this market but it is key to realise that even the slightest improvement in a rate of exchange can save you a huge sum of money.

If you would like to have a brief discussion with me (Daniel Wright) as to how I will be able to assist you with any pending currency exchange then feel free to email me directly on [email protected]  and I will be more than happy to get in touch with you personally. We can cater for people inside our outside of the U.K and carry out bank to bank transfers.