This week’s FX news

28 July, 2011


This week sees a number of important data releases likely to affect exchange rates, notably the Bank of England’s key quarterly inflation report, released on Wednesday morning. There are also important monthly reports from the European and US central banks, along with GDP and inflation figures from other economies.

If you are sending money abroad, speak to Currency Index this week as there is likely to be volatility in rates which could provide opportunities to buy your currency at preferential rates.

Monday 9th
0230 – Australian home loand
0930 – Eurozone investor confidence

Tuesday 10th
0700 – German CPI inflation
0930 – UK trade balance
1915 – US interest rate decision

Wednesday 11th
0930 – UK unemployment rate
1030 – Bank of England quarterly inflation report
1330 – US trade balance
1900 – US monthly budget statement

Thursday 12th
0230 – Australian unemployment rate
0900 – European Central Bank monthly report
2345 – New Zealand retail sales

Friday 13th
0700 – German GDP
1000 – Eurozone GDP
1330 – US CPI inflation & retail sales