Currency News this week 302

28 July, 2011


No joy for those of you waiting to transfer money overseas yet this week – as the Pound was hampered by this morning’s negative UK manufacturing data.

For the rest of the week we have some key data which may cause volatility – not least the monthly Bank of England and European Central Bank policy announcements.

Whatever your requirements, do contact a currency company to discuss your currency transfer – optimism in these markets can be expensive.

Overnight – UK consumer confidence
11am – German factory orders

1.30am – Australian unemployment rate
11am – German industrial production (August)
12pm – Bank of England interest rate decision
12.45pm – European Central Bank interest rate decision
1.15pm – Canadian housing starts
1.30pm – US jobless claims data

Midnight – Federal Reserve Chairman Bernanke’s speech
7am – German CPI inflation
9am – Halifax UK house price index
9.30am – UK PPI inflation
1.30pm – US trade balance (August)