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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
Good morning,
This morning saw the release of the UK's employment data. Bit of a mixed bag. On the upside the average earnings rose 4.2% against an expected 4%, but this is offset by rampant inflation. On the downside the claimant rate came in at 3.8% against an expected 3.6%. This has caused an immediate drop in Sterling rates at 7am this morning.
This story is dominating business headlines alongside the potential imminent change to the Norther Ireland Protocol that could also cause major turbulence in the forex markets.
Both GBP/EUR and GBP/USD are teetering on technical support at the bottom of recent ranges. A break to the downside from here could be very telling.
The only big scheduled news in the next 24 hours is the Chinese retail sales out in the early hours of tomorrow morning.
As ever we look forward to keeping you in the loop and look out for our next update.
Our friendly currency experts are here to assist you and guide you through the markets, we offer a first-class service and even an online platform so you can monitor your transaction in real time.
Our business ethos is based on bank beating rates and fantastic customer service, click the link below for a no obligation quotation and see the savings for yourself.
Today’s Economic Calendar
CHN: Wednesday 03:00 Retail Sales
As ever we look forward to keeping you in the loop and look out for our next update.
Our friendly currency experts are here to assist you and guide you through the markets, we offer a first-class service and even an online platform so you can monitor your transaction in real time.
Our business ethos is based on bank beating rates and fantastic customer service, click the link below for a no obligation quotation and see the savings for yourself.
