A look at the week ahead

28 December, 2016

Ashley Finill

With everyone enjoying the festive period the last few days on the currency markets have been somewhat stagnant with little movement to note and the majors all pretty much at the same levels as what they we are at the close of business Friday. However before the turn of the year there still are some data releases albeit it only few to note which may have an impact on the rates and could give some buying opportunities to those who may have an imminent requirement.
A brief look at the next 3 days left of this week before we enter 2017.

Wednesday :
07.00 – UBS Consumption Indicator – CHF
15.00 – Pending Home Sales – USD
23.50 – Foreign Bond Investment – JPY

Thursday :
07.00 – Nationwide House Pricing – GBP
07.45 – Consumer Price Index – EUR
13.30 – Jobless Claims – USD
13.30 – Goods Trades Balance – USD
16.30 – EIA Crude Oil Stocks Exchange – USD

Friday :
00.30 – Private Sector Credit – AUD
14.45 – Chicago Purchasing Mangers Index – USD
18.00 – Baker Hughes US Oil Rig Count – USD

Although our business hours may be shorter due to the festive period if you have a requirement for currency or an need to urgently send money abroad then don’t panic currency index is here to help you in your time of need.