This week’s currency news 566

21 November, 2011


As we move towards the end of the month, there is less scheduled important data this week. However we have the Bank of England minutes on Wednesday, which will reveal how close we were to having extended QE in November, which can have a major influence on exchange rates, as well as the revision to UK GDP on Thursday. Of course the Eurozone story continues to dominate financial markets and currencies alike. Check back later in the week or call us on 0800 043 2623 to find out how the latest developments are affecting rates for sending money abroad or repatriating to the UK. Monday 21st Overnight – Rightmove UK house prices 1500 – US existing home sales Tuesday 22nd 0700 – Swiss trade balance 0930 – Public sector net borrowing 1330 – Canadian retail sales 1330 – US GDP 1500 – Eurozone consumer confidence 1900 – US Federal Reserve Minutes Wednesday 23rd 0900 – Eurozone PMI 0930 – Bank of England minutes & UK mortgage approvals 1330 – US consumption, income & durable goods orders 2145 – New Zealand trade balance Thursday 24th US Bank Holiday 0700 – German GDP 0930 – UK GDP revision