Read our currency forecasts and market reports for details of what could affect the Pound, Euro, US Dollar, Australian Dollar and many of the other major currencies.
How the EU summit could influence sterling exchange rates
By Dayle Littlejohn
Could the EU summit cause problems for the Euro long term?
Will the US Dollar continue to strengthen against Sterling?
Will the Australian dollar continue to devalue overtime?
Further Brexit developments with Jeremy Corbyn announcing that the labour party is committed to the 'softest' Brexit possible, and the Prime Minister approaching senior Brexit ministers with the new 'backstop' plan.
ECB members Praet, Hansson and Knot have confirmed that further insight into future monetary policy decisions will be provided in the minutes of the next ECB meeting.
It's looking increasingly likely that we will see the 7th interest rate hike since December of 2015 from the FED with the recent release of positive Non-farm Payrolls.
Recently there has been the expectation that the Bank of Canada will raise interest rate hikes due to the recent positive data coming out, however ongoing NAFTA discussions still have the potential to impact this.
EU member states have agreed that the UK will have an input on the EU's £1 trillion budget up to 2027, much to the annoyance of the European Commission.
Core inflation in the EU, released at the end of the week is expected to show an increase to 1%, if this comes to fruition could offer some support to the Euro.
A key data release this week is on Friday at 13:30 with the latest US non-farm payrolls, and unemployment rate which have previously had major impacts on the USD.
If New Home Sales follow the same trend as the previous figures released last month we could see further pressure on AUD.
Are there problems ahead for the Bank of England as Mark Carney doesn't hint towards a rate hike in May?
FED Reserve Bank of New York President stated that a full blown trade war wouldn't be good for anyone moving forward, least of all the US.
EU officials have said that they are attempting to have a rough plan for EU reform before the summit at the end of June.
