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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
Good morning,
Global markets have taken a downturn today. The reason has been put down to the aforementioned global inflation position and the cost of living crisis starting to unfold. Added to that is the ongoing conflict in Ukraine which is also predicted to impact global food prices.
Pound rates have maintained a relatively mid range level versus both the Dollar and the Euro overnight. The initial hiatus following the UK's employment data is now priced in which has brought the Pound up from the lows versus the Dollar and has moved the Pound back into the middle of the mid term range versus the Euro.
Today sees the ECB release it's Monetary Policy Meeting Accounts at lunch time followed by US employment data. This could affect Euro's and Dollars respectively. Overnight there's the People's Bank of China interest rate decision and then there's the UK's retail sales numbers out at breakfast time tomorrow.
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
EUR: 12:30 ECB Monetary Policy Meeting Accounts
US: 13:30 Employment Data
CHN: Friday 02:30 PBoC Interest Rate Decision
UK: Friday 07:00 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.
