We will get to see the latest inflation figures for the Eurozone and the UK this morning, with both being of key importance to the strength of their respective currencies.
Theresa May’s dinner in Brussels ahead of UK Inflation
Theresa May is due to meet with EU leaders in Brussels tonight. Recent comments from Michel Barnier suggested talks were in deadlock so Mrs May could try to move Brexit negotiations along.
Politics remain the driver for Euro exchange rates
Political uncertainty seems set to affect Euro exchange rates, with Catalan independence remaining a factor behind the Euro’s recent drop in value. The Euro has started this week by weakening against the Pound and the US Dollar.
US Data Weakens the Dollar
The latest CPI and Retail Sales data came in below expectation. this has cause the US Dollar to fall against the Pound, with the GBP/USD exchange rate now above 1.33.
Euro weakens following European Central Bank’s plans
The Euro has weakened following reports the European Central Bank plans to extend their asset purchase programme.
Brexit uncertainty and a Tory mutiny holds back the Pound
Some of the key factors that are holding back Sterling, keeping it at the current levels are political uncertainty related to Theresa May’s leadership and a lack of clarity over the plan and outcome of Brexit.
GBP/EUR exchange rate drops then bounces back
Today proved volatile for the GBP/EUR exchange rate with news on Brexit negotiations the main reason for the rate movement.
GBP/EUR exchange rate: Volatility expected today
With a Brexit update expected, along with key speeches from ECB and Bank of England members the GBP/EUR exchange rate could be set for a volatile day.
GBP/AUD exchange rate just below the 1.70 level
With the potential for a US interest rate hike, which could cause movement from AUD to USD and therefore Australian Dollar weakness, is now the best time to sell Australian Dollars?
USD firmly in focus ahead of Fed minutes this evening
The Pound to US Dollar exchange rate has been volatile of late. How will tonight’s Fed minutes, as well as CPI data and Retail Sales figures, expected later this week, affect the US Dollar’s value?
Busy end to the week for the US Dollar
With some important data due for the US towards the end of the week, will this help or hinder a rise in interest rates before the end of 2017?
Brexit talks cause problems for Sterling
The Pound to Euro exchange rate has been sat within a very tight range for nearly a week as the currency markets await the news from the latest Brexit negotiations.
Sterling to Euro rate bounces back above 1.12
During this morning Sterling recovered some of the ground it lost over the weekend. The GBP/EUR exchange rate is now back up above 1.12 as Theresa May seems to have warded off attacks.
US Non-Farms Shock Reading but No Market Reaction
Despite negative Non Farm Payroll data this afternoon, USD has strengthened because of potential improvements next month.
A poor run for Sterling exchange rates
GBP’s struggles after a temporary gain when the BoE announed an interest rate hike in the comings months after Theresa May’s disappointing speech this week.
The Euro has made strides against its Sterling counterpart, following a difficult week for the Pound
The Euro continues to gain against the Pound despite political uncertainty evolving around Europe.
Non-Farm payroll data released tomorrow
Non-farm payroll data, one of the most significant data releases of the month, is due tomorrow. This event can cause volatility for many currencies, not just the US Dollar so is worth keeping an eye on if you are looking to exchange currency tomorrow.
Two Federal Reserve Speeches Tonight
With two speeches from Federal Reserve representatives this evening, following positive PMI data earlier today, the US Dollar could have a positive build-up to Friday’s Non-farm Payroll data.
The Euro remains weakened by political unrest
The Catalan independence vote looks to be hampering the Euro, but with a series of positive economic data releases recently and the ECB expected to taper QE in the coming months, is Euro strength on the horizon?
GBP outlook: The week ahead for Pound Sterling
Following a positive September, how will the Pound fare against the Euro and US dollar in the first week of October?
Reserve Bank of Australia’s Interest Rate Decision
The RBA decided to hold the Australian interest rate at 1.5% overnight, which was not a surprise to the markets. Considering Australia is a net exporter and the economic pressures created by a strong Aussie Dollar, will the RBA try to weaken the AUD?