This week’s currency news 107

28 July, 2011


As 2010 draws to a close, this week sees the last round of inflation data from the UK, Europe and USA. Inflation is crucial as it dictates how much flexibility there is in an economy to change interest rates, which in turn are a major influence on exchange rates.

This week may provide opportunities to buy before we enter the quieter Christmas period. Whatever your requirements for exchanging currency, contact Currency Index to make sure we can keep you updated with the latest news and rates.

Monday 13th
Overnight – Rightmove house prices
0930 – UK PPI inflation
2145 – New Zealand retail sales

Tuesday 14th
0930 – UK CPI & RPI inflation
1000 – German ZEW survey
1330 – US retail sales & PPI inflation
1915 – US interest rate decision

Wednesday 15th
0930 – UK unemployment & earnings
1330 – US CPI inflation

Thursday 16th
0730 – Swiss interest rate decision
0930 – UK retail sales
1000 – Eurozone CPI inflation
1330 – US jobless claims

Friday 17th
1000 – Eurozone trade balance