This week’s currency news 9 Jan 2012

This week we have a packed calendar of economic data likely to move exchange rates. Most notably on Thursday there is key data out in the UK (Quantitative Easing & industrial production), USA (monthly budget report & retail sales) and Eurozone (interest rate & industrial production). Exchange rates for sending money abroad could be in for a volatile week.

Further afield we have important data out from Australia and Canada in the next 2 days. Whichever currency you are buying or selling, contact us at Currency Index for the latest news and a money-saving quote on your own transaction.

Monday 9th
0030 – Australian retail sales
0700 – German trade balance
0815 – Swiss retail sales
1200 – Canadian inflation (CPI)
2000 – US consumer credit

Tuesday 10th
1315 – Canadian housing construction
2330 – Australian consumer confidence

Wednesday 11th
1900 – Federal Reserve Beige Book

Thursday 12th
0700 – German inflation (CPI)
0930 – UK industrial production
1000 – Eurozone industrial production
1200 – Bank of England QE & interest rate decision
1245 – European Central Bank interest rate decision
1330 – US retail sales
1500 – UK GDP estimate
1900 – US monthly budget statement

Friday 13th
0930 – UK producer inflation
1000 – Eurozone trade balance
1330 – US trade balance