Quarterly inflation report tomorrow

28 July, 2011

CurrencyIndex

Tomorrow sees the Bank of England’s quarterly inflation report published – a major insight into the strength (or otherwise) of the UK’s economic recovery, and prospects for inflation and interest rates in the coming months.

The Pound is certainly vulnerable to poor economic figures at the moment, with the continuing uncertainty around who will be in government. At the same time, the European Central Bank is propping up the Euro with a comprehensive rescue package for Greece.

If you are concerned about the current volatility in the foreign exchange markets, speak to Currency Index about your options.