Markets quiet ahead of data tomorrow

Exchange rate volatility has taken a break today, as a quiet day for data releases has left the Pound relatively static.

Tomorrow we have an important raft of data, including German inflation, UK & Eurozone industrial production, UK & Eurozone interest rates and QE, ECB President Draghi’s speech, US jobless claims and retail sales, and Canadian house prices.

All of this could lead to some movement in exchange rates, so make sure you contact us if you would like us to update you with any spikes in the market during the day to secure the rate for your own transaction.