Corporate FX Daily Update 28.03.2017
MORNING RATES | ||||
---|---|---|---|---|
EUR/GBP |
0.8623 | |||
EUR/USD | 1.0854 | |||
GBP/EUR | 1.1577 | |||
GBP/USD | 1.2566 |
USD weakened yesterday following disagreement to Trump’s healthcare bill however recovered losses during overnight trading. In Fed Member Evans speech yesterday afternoon, he said he does not see a solid case for four interest rate hikes this year.
STG rose to a new high against the Aussie dollar since February 2nd, the Canadian dollar since December 6th and the kiwi dollar since December 22nd.
GBP/USD broke above 1.2600 while EUR/USD traded at 1.0900.
Today's economic calendar is moderately quite ahead triggering of Article 50.
- Economic releases include the US’s Goods Trade Balance, S&P/Case-Shiller Home Price Indices, and Consumer Confidence (13:30, 14:00, 15:00 BST).
- Bank of Canada Governor Poloz speaks this afternoon (15:10 BST).
- Fed speakers include Fed Chair Yellen (17:50 BST), as well as George, Kaplan, and Powell (17:45, 18:00, 21:30 BST).
Interpay Ltd trading as TransferMate is regulated by the Central Bank of Ireland
CONTACT US |
---|
To learn how TransferMate can help your business save money when dealing with international transfers chat with us 24/7