There are a number of key economic data releases due this week which includes on Tuesday alone UK house price and mortgage data, The Bank of Canada interest rate decision, European consumer confidence and a speech from the Bank of England’s governor Mervyn King which make for a busy day for exchange rates. On Wednesday there is key Consumer Price Index figures for Australia and interest rate decision for both New Zealand and America which, if you have an upcoming currency requirement for either USD or NZD should be closely watched.
On Thursday sees UK Gross Domestic Product (GDP) figures which could have a significant impact on Sterling exchange rates. Friday brings a slightly quieter end to the week but US GDP should make for a busy day for anyone looking to trade US Dollars.
If you have an upcoming currency requirements and are looking for highly competitive exchange rates make sure you speak to one of our experienced currency brokers who will be happy to explain how these data releases could impact the currency markets and therefore your transfer. We also offer clients a number of different contract options which can be tailored to your specific needs so call us today to find out more.
You can call straight through to our dealing floor for free on 0800 328 5884 or if calling from abroad on 0044 1494 725353 or you can email us on firstname.lastname@example.org.