This week’s economic news

Although we do not expect any major news such as an interest rate change from the Bank of England this week, there is plenty of data out in the UK and Eurozone which is likely to have an effect on exchange rates. With rates for buying Euros and Dollars currently enjoying some improvement, make sure you don’t miss out on any opportunities to buy this week.

Contact us at Currency Index for the latest news and live trading rates.

Monday 7th
0030 – Australian retail sales (December)
0930 – Eurozone investor confidence
1100 – German factory orders (December)
2000 – US consumer credit (December)

Tuesday 8th
Overnight – UK BRC retail sales & RICS house price balance
0500 – German retail sales (December)
0645 – Swiss unemployment rate
2330 – Australian consumer confidence

Wednesday 9th
0700 – German trade balance (December)
0930 – UK trade balance (December)
1500 – Speech – US Federal Reserve chariman Bernanke

Thursday 10th
0030 – Australian unemployment rate
0500 – UK GDP estimate (NIESR)
0900 – European Central Bank monthly report
0930 – UK industrial & manufacturing production (December)
1200 – UK interest rate decision
2230 – Speech – Australian RBA governor Stevens

Friday 11th
0700 – German CPI inflation
0930 – UK PPI inflation
1330 – US trade balance (December)
1730 – Speech – European Cental Bank president Trichet