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20th July 2017-The Euro was subjected to some profit taking ahead of the ECB policy meeting

 
     

The Euro was subjected to some profit taking ahead of the ECB policy meeting

The dollar remained on the defensive during Wednesday with further concerns that difficulties in reforming healthcare would undermine the potential for tax cuts and only a very limited corrective recovery from 10-month lows.

The Euro was subjected to some profit taking ahead of the ECB policy meeting as position adjustment tended to dominate price action.

Equity markets secured a strong tone with the US indices testing record highs while Asian equities hit the strongest level for over 9 years. Confidence in the outlook and higher oil prices boosted commodity currencies, although there was a correction on Thursday.

Sterling traded within very narrow ranges against the dollar on Wednesday with further support on approach to 1.3000 and resistance on approach to 1.3050. EUR/GBP drifted slightly weaker, but found support near 1.1300.

There were no major domestic developments during the day with markets waiting for fresh developments on Thursday with the retail sales data, Brexit talks news conference and ECB policy meeting. GBP/USD consolidated just above 1.3000 in early Europe. 

     
 
       
 

GBP/EUR 

– 1.1297

 
 

GBP/USD 

– 1.3021

 
 

GBP/CHF 

– 1.2438

 
 

GBP/JPY 

– 146.04

 
 

GBP/AUD 

– 1.6448

 
 

GBP/NZD 

– 1.7743

 
 

GBP/CAD 

– 1.6432

 
 

GBP/ZAR 

– 16.8837

 
 

GBP/NOK 

– 10.5160

 
 

GBP/SEK 

– 10.8125

 
 

EUR/USD 

– 1.1515

 
       
  All rates are indicative of interbank rates*  
       
 
 

GBP/EUR 

 
 

GBP/USD 

 
 

EUR/USD 

 
       
 
   

07:00 EUR

German PPI 

2.30%

2.80%

 
   

07:30 JPY

BoJ Press Conference

-

-

 
   

12:45 EUR

ECB Rate Decision

-

0.00%

 
   

13:30 EUR

ECB Press Conference

-

-

 
 
   
 
 
*All rates shown are indicative of interbank rates and should only be used for indication purposes only. It is important to note that foreign exchange rates fluctuate and that rates may vary depending on the amount and the base currency that is purchased or sold. Rates are correct as of 8:00am UK time.  CentralFX are not responsible for the rates shown.
 
 
 

17th July 2017-Sterling rallies to strongest level in 10 months despite ongoing political uncertainty

 
     

Sterling rallies to strongest level in 10 months despite ongoing political uncertainty

The combination of weaker US inflation and retail sales data were important in triggering renewed selling pressure on the dollar with the dollar index declining to 10-month lows as futures markets indicated the chances of a further rate hike before the end of 2017 had dipped to below 45% from 55% last week.

The Euro tested key resistance levels towards 1.1500 while GBP/USD advanced to 10-month highs and AUD/USD touched 2-year highs while EUR/USD tested 14-month highs.

The weaker dollar helped underpin commodity prices and the VIX volatility index declined to the lowest level since 1993, which underpinned carry trades and equity markets with little support for defensive assets.

A decisive break above the 1.3000 level in GBP/USD after the US economic data pushed the UK currency sharply higher with a push towards the 1.3100 level and the strongest level in 10 months.

GBP/EUR rallied above 1.1400 despite the firm Euro tone against the dollar as international issues dominated with little fresh domestic developments.

The UK currency held firm despite on-going political uncertainty with volatile trading likely to remain the key feature. Higher commodity prices supported Sterling with GBP/USD holding above 1.3050.

     
 
       
 

GBP/EUR 

– 1.1419

 
 

GBP/USD 

– 1.3091

 
 

GBP/CHF 

– 1.2622

 
 

GBP/JPY 

– 147.44

 
 

GBP/AUD 

– 1.6744

 
 

GBP/NZD 

– 1.7845

 
 

GBP/CAD 

– 1.6571

 
 

GBP/ZAR 

– 17.0693

 
 

GBP/NOK 

– 10.7187

 
 

GBP/SEK 

– 10.8870

 
 

EUR/USD 

– 1.1462

 
       
  All rates are indicative of interbank rates*  
       
 
 

GBP/EUR 

 
 

GBP/USD 

 
 

EUR/USD 

 
       
 
   

10:00 EUR

Euro-Zone CPI (Y/Y)

1.30%

1.30%

 
   

10:00 EUR

Euro-Zone Core CPI (Y/Y)

-

1.10%

 
   

13:30 CAD

Canadian Foreign Securities Purchase

-

10.60B

 
   

13:30 USD

NY Empire State Manufacturing Index

15

19.8

 
 
   
 
 
*All rates shown are indicative of interbank rates and should only be used for indication purposes only. It is important to note that foreign exchange rates fluctuate and that rates may vary depending on the amount and the base currency that is purchased or sold. Rates are correct as of 8:00am UK time.  CentralFX are not responsible for the rates shown.
 
 
 

14th July 2017-Sterling gains as quantitative easing could be reversed earlier than expected

 
     

Sterling gains as quantitative easing could be reversed earlier than expected

There were reports from ECB sources that the central bank was likely to announce a tapering of quantitative easing at the September policy meeting, which helped underpin the Euro and moved bond yields higher.

There was a strong tone in commodity currencies with increased confidence surrounding the growth outlook and higher commodity prices providing support as AUD/USD moved to 2017 highs.

There were no major US dollar trends during the day with little change in US interest rate expectations following Fed Yellen’s congressional testimony. The dollar was hampered by the firm tone in commodity currencies with the dollar index close to 95.50.

Sterling gained some further support on follow-through comments from Bank of England MPC member McCafferty’s comments that the quantitative easing programme could be reversed earlier than expected.

The Bank of England credit conditions survey reported that lenders were planning to tighten credit standards, maintaining doubts surrounding consumer-spending trends.

GBP/USD hit selling interest above 1.2950, but GBP/EUR continued to rally to the 1.1350 resistance area.  Sterling gained support from net gains in commodity prices and confidence in the global growth outlook. There were was still a high degree of political uncertainty surrounding Brexit, which had a mixed Sterling impact as GBP/USD moved to 1.2960 in early Europe on Friday as the US dollar drifted lower.

     
 
       
 

GBP/EUR 

– 1.1360

 
 

GBP/USD 

– 1.2958

 
 

GBP/CHF 

– 1.2527

 
 

GBP/JPY 

– 146.97

 
 

GBP/AUD 

– 1.6730

 
 

GBP/NZD 

– 1.7692

 
 

GBP/CAD 

– 1.6494

 
 

GBP/ZAR 

– 17.1012

 
 

GBP/NOK 

– 10.6902

 
 

GBP/SEK 

– 10.8281

 
 

EUR/USD 

– 1.1407

 
       
  All rates are indicative of interbank rates*  
       
 
 

GBP/EUR 

 
 

GBP/USD 

 
 

EUR/USD 

 
       
 
   

10:00 EUR

Euro-Zone Trade Balance

-

17.9B

 
   

13:30 USD

USD CPI (Y/Y)

1.80%

1.90%

 
   

13:30 USD

USD Core Retail Sales (M/M)

0.20%

-0.30%

 
   

15:00 USD

US Michigan Consumer Sentiment

95.8

95.1

 
 
   
 
 
*All rates shown are indicative of interbank rates and should only be used for indication purposes only. It is important to note that foreign exchange rates fluctuate and that rates may vary depending on the amount and the base currency that is purchased or sold. Rates are correct as of 8:00am UK time.  CentralFX are not responsible for the rates shown.
 
 
 

13th July 2017-Political uncertainty continues, as EU negotiator remains critical of UK’s stance

 
     

Political uncertainty continues, as EU negotiator remains critical of UK’s stance

Fed Chair Yellen’s testimony was close to expectations, but the uncertainty surrounding inflation lead to a relatively dovish interpretation of the content, which weakened the dollar.

The Bank of Canada delivered the expected interest rate increase with an increase to 0.75% from 0.50%. The Canadian dollar was able to gain additional support with fresh 10-month lows in USD/CAD as Governor Poloz maintained a positive tone.

The Euro was subjected to a sharp correction on the crosses during the day, which pushed EUR/USD lower, although there was strong buying support on dips.

UK unemployment declined to 4.5% in the three months to May from 4.6% and this was the lowest rate for over 40 years as employment continued to increase to record highs. There was a smaller than expected increase in jobless claims for the month. Most attention was on average earnings with the headline year-on-year rate unchanged at 1.8%, although there was an increase in the underlying rate to 2.0% from 1.8% previously.

Political uncertainty remained an important factor with EU chief Brexit negotiator Barnier again critical of the UK negotiating stance.

GBP/EUR was subjected to a sharp bounce towards 1.1310 from 8-month low near 1.1173, which helped pull GBP/USD back towards 1.2900 from lows near 1.2800.

Bank of England MPC member McCafferty stated that he expected to again vote for a rate increase at August’s policy meeting as GBP/USD edged above 1.2900 on dollar weakness.

     
 
       
 

GBP/EUR 

– 1.1271

 
 

GBP/USD 

– 1.2900

 
 

GBP/CHF 

– 1.2421

 
 

GBP/JPY 

– 145.75

 
 

GBP/AUD 

– 1.6737

 
 

GBP/NZD 

– 1.7690

 
 

GBP/CAD 

– 1.6440

 
 

GBP/ZAR 

– 17.0461

 
 

GBP/NOK 

– 10.6563

 
 

GBP/SEK 

– 10.8277

 
 

EUR/USD 

– 1.1444

 
       
  All rates are indicative of interbank rates*  
       
 
 

GBP/EUR 

 
 

GBP/USD 

 
 

EUR/USD 

 
       
 
   

07:00 EUR

Germany CPI (Y/Y)

1.60%

1.60%

 
   

07:00 EUR

Germany Harmonised CPI (Y/Y)

1.50%

1.50%

 
   

13:30 USD

US PPI (Y/Y)

-

2.40%

 
   

19:00 USD

Monthly Budget Statement

-

-88.0B

 
 
   
 
 
*All rates shown are indicative of interbank rates and should only be used for indication purposes only. It is important to note that foreign exchange rates fluctuate and that rates may vary depending on the amount and the base currency that is purchased or sold. Rates are correct as of 8:00am UK time.  CentralFX are not responsible for the rates shown.
 
 
 

12th July 2017-Rating’s agency Moody’s warned that UK credit rating was under pressure

 

     

Rating’s agency Moody’s warned that UK credit rating was under pressure

The dollar-reversed course during Tuesday with relatively dovish comments from Fed Governor Brainard and fresh US political concerns undermining the US currency with the dollar index dipping to below the 95.50 level after failing to break above 96.0.

Bank of England Deputy Governor Broadbent made no monetary comments on Tuesday and stated on Wednesday that he was not yet ready to back higher interest rates which triggered fresh selling pressure on Sterling with EUR/GBP at 8-month highs above 0.8900.

Oil prices rallied strongly with a gain of over 4% from intra-day lows while the dollar reversal had a significant impact in reversing downward pressure on gold.

There were no comments on the economic outlook or monetary policy from Bank of England Deputy Governor Broadbent in his speech on Tuesday. There had been some speculation that Broadbent would hint over the need for an increase in interest rates and the absence of commentary had a significant impact in undermining Sterling.

Rating’s agency Moody’s also warned that UK credit rating was under pressure.

The UK currency retreated to below 1.2850 against the dollar as the Euro moved significantly higher to test the 0.8900 level for the first time in 8 months. A break above this level triggered further Sterling losses with GBP/EUR falling to around 1.1170 as GBP/USD remained trapped close to 1.2850.

In comments on Wednesday, Broadbent stated that he was not yet ready to raise interest rates, which put Sterling under fresh pressure with GBP/USD dipping to lows below 1.2820.

     
 
       
 

GBP/EUR 

– 1.1184

 
 

GBP/USD 

– 1.2825

 
 

GBP/CHF 

– 1.2357

 
 

GBP/JPY 

– 145.64

 
 

GBP/AUD 

– 1.6769

 
 

GBP/NZD 

– 1.7730

 
 

GBP/CAD 

– 1.6550

 
 

GBP/ZAR 

– 17.3468

 
 

GBP/NOK 

– 10.6177

 
 

GBP/SEK 

– 10.7801

 
 

EUR/USD 

– 1.1464

 
       
  All rates are indicative of interbank rates*  
       
 
 

GBP/EUR 

 
 

GBP/USD 

 
 

EUR/USD 

 
       
 
   

09:30 GBP

UK Claimant Count Change

-

7.3K

 
   

15:00 USD

Fed Chair Yellen Testifies

-

-

 
   

19:00 USD

US Federal Reserve's Beige Book

-

-

 
   

19:15 USD

FOMC Member George Speaks

-

-

 
 
   
 
 
*All rates shown are indicative of interbank rates and should only be used for indication purposes only. It is important to note that foreign exchange rates fluctuate and that rates may vary depending on the amount and the base currency that is purchased or sold. Rates are correct as of 8:00am UK time.  CentralFX are not responsible for the rates shown.
 
 
 

11th July 2017-Sterling sentiment still undermined by concerns surrounding the economic outlook

 

     

Sterling sentiment still undermined by concerns surrounding the economic outlook

Market conditions were quiet on Monday with a lack of significant developments. Bond yields edged lower on the day in a correction from strong increases seen the previous week and a dip in bond yields had an impact in curbing fresh Euro support.

There was still a notable lack of underlying support for defensive and zero-yield assets due to expectations of central bank tightening with gold and the yen still weak.

The dollar gained some support from expectations that the Federal Reserve would continue to push ahead with gradual monetary tightening.

There were no significant UK data releases during the day with Sterling sentiment still undermined by concerns surrounding the economic outlook following weak data on Friday.

The Bank of England warned over risky lending policies, which will maintain uncertainty surrounding monetary policy.

Overall, GBP/USD drifted lower to just below 1.2860 before finding some support as GBP/EUR tested support around 1.1285.

There was mixed retail sales evidence with stronger than expected like-for-like BRC retail sales of 1.2% for June, but Barclaycard recorded the slowest pace of spending growth for 15 months.

GBP/USD drifted marginally lower under the weight of a firm dollar tone before settling little changed as markets waited for comments from Bank of England’s Broadbent.  

     
 
       
 

GBP/EUR 

– 1.1309

 
 

GBP/USD 

– 1.2874

 
 

GBP/CHF 

– 1.2454

 
 

GBP/JPY 

– 147.22

 
 

GBP/AUD 

– 1.6910

 
 

GBP/NZD 

– 1.6611

 
 

GBP/CAD 

– 1.6609

 
 

GBP/ZAR 

– 17.3753

 
 

GBP/NOK 

– 10.7487

 
 

GBP/SEK 

– 10.8575

 
 

EUR/USD 

– 1.1386

 
       
  All rates are indicative of interbank rates*  
       
 
 

GBP/EUR 

 
 

GBP/USD 

 
 

EUR/USD 

 
       
 
   

04:05 USD

FOMC member John C. Williams speech

-

-

 
   

10:00 GBP

BoE MPC Member Haldane Speech

-

-

 
   

12:00 GBP

BoE Ben Broadbent Speech

-

-

 
   

15:00 USD

US Wholesale Inventories

0.30%

0.30%

 
 
   
 
 
*All rates shown are indicative of interbank rates and should only be used for indication purposes only. It is important to note that foreign exchange rates fluctuate and that rates may vary depending on the amount and the base currency that is purchased or sold. Rates are correct as of 8:00am UK time.  CentralFX are not responsible for the rates shown.
 
 
 

10th July 2017-UK Data maintains weak run

 

     

UK Data maintains weak run


US non-farm payrolls rose 222,000 for June compared with consensus forecasts of an increase of around 180,000. The data release overall was mixed as unemployment increased to 4.4% from 4.3% and the annual increase in earnings was held at 2.5% compared with market expectations of 2.6%.

The dollar initially lost ground, especially against European currencies, although the data overall was mixed and the US currency recovered ground later in US trading with USD/JPY at 8-week highs.

Bond yields continued to edge higher which undermined support for instruments with little or no yield and there was also a notable dip in demand for defensive assets with gold and the yen both under significant pressure.

UK industrial production data was significantly weaker than expected, maintaining a weak run of official data on output, although this was in significant contrast to the survey evidence. Total production declined 0.1% for the month while construction output also declined for the month and the trade deficit was wider than consensus forecasts at GBP11.9bn for the month.

GBP/USD immediately declined to the 1.2900 area and dipped to lows around 1.2870 during the New York session before finding some degree of support as GBP/EUR moved to the 1.1300 area.

There was some optimism surrounding a potential free-trade deal between the US and UK, which provided some support to sentiment. This positive sentiment was offset by data from Visa and the latest Deloitte survey, which suggested a weak tone in consumer spending and investment.

GBP/USD edged higher to the 1.2900 area on Monday with hopes for firm global growth supportive.

     
 
       
 

GBP/EUR 

– 1.1298

 
 

GBP/USD 

– 1.2880

 
 

GBP/CHF 

– 1.2417

 
 

GBP/JPY 

– 147.13

 
 

GBP/AUD 

– 1.6952

 
 

GBP/NZD 

– 1.7706

 
 

GBP/CAD 

– 1.6609

 
 

GBP/ZAR 

– 17.1802

 
 

GBP/NOK 

– 10.7387

 
 

GBP/SEK 

– 10.9457

 
 

EUR/USD 

– 1.1396

 
       
  All rates are indicative of interbank rates*  
       
 
 

GBP/EUR 

 
 

GBP/USD 

 
 

EUR/USD 

 
       
 
   

07:00 EUR

German Trade Balance

20.3B

19.7B

 
   

09:30 EUR

Euro-Zone Sentix Investor Confidence

-

28.4

 
   

-

-

-

-

 
   

-

-

-

-

 
 
   
 
 
*All rates shown are indicative of interbank rates and should only be used for indication purposes only. It is important to note that foreign exchange rates fluctuate and that rates may vary depending on the amount and the base currency that is purchased or sold. Rates are correct as of 8:00am UK time.  CentralFX are not responsible for the rates shown.
 
 
 

7th July 2017-Markets cautious ahead of Non-Farm Payrolls

 

     

Markets cautious ahead of Non-Farm Payrolls

US economic data releases did not have a major impact with a weaker than expected reading for ADP employment offset by a further gain in the ISM non-manufacturing index with some significant caution ahead of Friday’s payrolls release.

Bond yields continued to move higher on Thursday with the main focus on Germany as 10-year rates moved to 17-month highs above 0.55%. Higher yields pushed the Euro higher on expectations of gradual ECB action to reduce monetary policy accommodation.

The increase in bond yields also had a significant impact in undermining equity markets, especially with expectations that global central banks would gradually tighten policy.

The Brexit negotiation process will continue to be a significant underlying focus with EU Chief Negotiator Barnier warning that frictionless trade between the UK and EU would only be possible if the UK remained within both the Single Market and Customs Union. Barnier also warned companies that they needed to prepare for the EU exit, which would take place in 20 months’ time.

Bank of England external MPC member McCafferty stated that there had been evidence of a slowdown in the economy, although he also commented that the big pick-up in inflation is not something that can be ignored.

GBP/EUR held support around 1.1350 while GBP/USD made some limited headway on the back of a weaker dollar. The BDO reported a strong increase in retail sales for June, which provided some relief surrounding the retail sector.

     
 
       
 

GBP/EUR 

– 1.1352

 
 

GBP/USD 

– 1.2956

 
 

GBP/CHF 

– 1.2455

 
 

GBP/JPY 

– 147.35

 
 

GBP/AUD 

– 1.7068

 
 

GBP/NZD 

– 1.7799

 
 

GBP/CAD 

– 1.6828

 
 

GBP/ZAR 

– 17.4555

 
 

GBP/NOK 

– 10.8444

 
 

GBP/SEK 

– 10.9457

 
 

EUR/USD 

– 1.1413

 
       
  All rates are indicative of interbank rates*  
       
 
 

GBP/EUR 

 
 

GBP/USD 

 
 

EUR/USD 

 
       
 
   

13:00 GBP

UK NIESR GDP Estimate(APR)

-

0.20%

 
   

13:30 USD

US Non-farm Payrolls

183K

138K

 
   

13:30 USD

US Unemployment Rate

4.30%

4.30%

 
   

14:00 GBP

BoE Gov Carney Speaks

-

-

 
 
   
 
 
*All rates shown are indicative of interbank rates and should only be used for indication purposes only. It is important to note that foreign exchange rates fluctuate and that rates may vary depending on the amount and the base currency that is purchased or sold. Rates are correct as of 8:00am UK time.  CentralFX are not responsible for the rates shown.
 
 
 

6th July 2017-Fed expect Inflation to remain low, dollar retreats.

 

     

Fed expect Inflation to remain low, dollar retreats.

According to the Fed minutes, a majority of members expected recent soft inflation data was not a reflection of underlying pressures, although some were concerned that inflation would remain low. There was no significant change in Fed Funds futures with expectations of balance sheet adjustment starting in September.

The dollar was unable to hold its best levels with the trade-weighted index retreating to test 96.0 from 96.2 as US yields drifted lower amid no significant support from the Fed minutes.

Oil prices came under sharp selling pressure during the day with benchmark crude contracts falling close to 4% before finding some support after the API inventories data.

The UK PMI services-sector index declined to 53.4 for June from 53.8 the previous month. This was slightly below consensus forecasts and the lowest reading since February as business confidence declined to the lowest level for close to 12 months on a combination of economic and political uncertainty.

There was, however, the strongest increase in employment for over a year and further upward pressure on costs. There will be expectations of upward pressure on wages, especially given evidence of skilled labour shortages, increasing pressure for the Bank of England to raise rates.

Sterling had already weakened into the release, which limited the scope for further selling with GBP/USD finding support close to 1.2900 and recovering to the 1.2940 area as GBP/EUR hit resistance close to 1.1420.

     
 
       
 

GBP/EUR 

– 1.1388

 
 

GBP/USD 

– 1.2928

 
 

GBP/CHF 

– 1.2478

 
 

GBP/JPY 

– 146.45

 
 

GBP/AUD 

– 1.7023

 
 

GBP/NZD 

– 1.7775

 
 

GBP/CAD 

– 1.6775

 
 

GBP/ZAR 

– 17.3843

 
 

GBP/NOK 

– 10.8585

 
 

GBP/SEK 

– 10.9875

 
 

EUR/USD 

– 1.1339

 
       
  All rates are indicative of interbank rates*  
       
 
 

GBP/EUR 

 
 

GBP/USD 

 
 

EUR/USD 

 
       
 
   

08:45 USD

FOMC member John C. Williams speech

-

-

 
   

11:00 EUR

ECB Praet Speech

-

-

 
   

12:30 EUR

ECB Monetary Policy Meeting Accounts

-

-

 
   

13:15 USD

US ADP Employment Change

178K

253K

 
 
   
 
 
*All rates shown are indicative of interbank rates and should only be used for indication purposes only. It is important to note that foreign exchange rates fluctuate and that rates may vary depending on the amount and the base currency that is purchased or sold. Rates are correct as of 8:00am UK time.  CentralFX are not responsible for the rates shown.
 
 
 

4th July 2017-The dollar gained fresh support during the day with the strongest 1-day advance for 4 months

 
     

 

The dollar gained fresh support during the day with the strongest 1-day advance for 4 months

The US ISM manufacturing index was well above consensus forecasts with an increase to 57.8 from June from 54.9 the previous month, which was the highest reading for close to 3 years, which boosted confidence in the US outlook.

The dollar gained fresh support during the day with the strongest 1-day advance for 4 months amid fresh support at the start of the third quarter, although it failed to hold its best levels.

Precious metals came under heavy selling pressure as demand for defensive assets declined and gold declines to the lowest level for over 7 weeks before a slight recovery with sharper losses for silver.

The UK PMI manufacturing index declined to 54.3 for June from a downwardly revised 56.3 the previous month and well below expectations of 56.4. There was a slowdown in orders growth to a five-month low and there was an easing of price pressures. There were, however, increased capacity constraints, which will hamper the longer-term growth outlook.

Sterling retreated after the data with GBP/USD dipping to below 1.2950, although there was little change against the Euro.

The UK currency was resilient at lower levels despite comments from Bank of England member Vlieghe who stated that it was better to raise interest rates too late rather than too early. 

 

     
 
       
 

GBP/EUR 

– 1.1385

 
 

GBP/USD 

– 1.2939

 
 

GBP/CHF 

– 1.2471

 
 

GBP/JPY 

– 146.14

 
 

GBP/AUD 

– 1.7006

 
 

GBP/NZD 

– 1.7795

 
 

GBP/CAD 

– 1.6824

 
 

GBP/ZAR 

– 17.1110

 
 

GBP/NOK 

– 10.8392

 
 

GBP/SEK 

– 10.9988

 
 

EUR/USD 

– 1.1348

 
       
  All rates are indicative of interbank rates*  
       
 
 

GBP/EUR 

 
 

GBP/USD 

 
 

EUR/USD 

 
       
 
   

09:30 GBP

UK PMI Construction

-

56

 
   

-

-

-

-

 
   

-

-

-

-

 
   

-

-

-

-

 
 
   
 
 
*All rates shown are indicative of interbank rates and should only be used for indication purposes only. It is important to note that foreign exchange rates fluctuate and that rates may vary depending on the amount and the base currency that is purchased or sold. Rates are correct as of 8:00am UK time.  CentralFX are not responsible for the rates shown.
 
 
 

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Central FX

3 Lloyds Avenue
London, EC3N 3DS

+44(0) 207 265 7979

info@centralfx.co.uk

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