This week has a number of key economic data sets due for release which are outlined below:

Monday 16th

EUR – Consumer Price Index figures

USD – Industrial Production figures

GBP – Banf of England Quarterly Bulletin

Tuesday 17th

AUD – Reserve Bank of Australia meeting minutes

GBP – Consumer Price Index figures

GBP – Producer Price Figures

GBP – Retail Price Figures

USD – Consumer Price Index

Wedndeday 18th

GBP – Bank of England meeting minutes

USD – Mortgage approvals

USD – FED interest rate decision

NZD – GDP figures

Thursday 19th

CHF – Interest rate decision

GBP – Retail Sales figures

USD – Unemployment data

Friday 20th

GBP – Public sector net borrowing

CAD – Consumer Price Index figures

As is clear from the above list there is a lot of major economic news expected this week which could mean we are in for another busy week in the currency markets. As a result if you need to transfer money abroad and you would like to discuss the market outlook and the different options that are available to you please do not heistate to contact us. Our experienced traders will be more than happy to explain the data sets and how they may impact your currency requirements, we can also discuss the different options all of which can be tailored to your specific requirements. By talking through your currency needs with one of our knowledgeable and experienced traders will help make a more informed decision. You can call straight through to the trading floor for free on 0800 328 5884 or if calling from abroad you can call us on 0044 1494 725353, alternatively you can email me directly on trh@currencies.co.uk