Foreign Exchange Business Foreign Exchange Personal Foreign Exchange Partners

Foreign Exchange Daily Market Update 12/10/2017

Thu, October 12, 2017

Pound Falls After Little Progress On Brexit Talks

The Pound fell this afternoon as it was announced that little progress had been made on the latest Brexit negotiations.

Sterling declined from 1.116 to 1.1084 versus the Euro within an hour of the information being released. The Pound fell from 1.324 to 1.3125 against the Dollar.

However, Michel Barnier stated that there should be a breakthrough within the next two months.

US initial jobless claims fell to 243,000 in September beating forecasts of 250,000.

The Pound is currently trading at 1.3136 versus the Dollar and 1.1088 against the Euro.

Data to look out today.   

Not Much Data Out Today

CURRENCY PAYMENTS MADE SIMPLE

PRESS RELEASE

KBRFX was mentioned in the Essex Chronicle for the top 100 companies by turnover in Essex http://www.essexchronicle.co.uk/100-Essex-businesses-revealed-annual-survey/story-25140555-detail/story.html

Data Releases

Day Time Currency Event
THU 08:30 GBP GBP Bank of England Credit Conditions & Bank Liabilities Surveys
THU 09:00 EUR EUR Euro-Zone Industrial Production s.a. (MoM)
THU 09:00 EUR EUR Euro-Zone Industrial Production w.d.a. (YoY)
THU 12:30 USD USD PPI Final Demand (MoM)
THU 12:30 USD USD PPI Ex Food and Energy (MoM)
THU 12:30 USD USD PPI Ex Food Energy Trade (MoM)
THU 12:30 USD USD PPI Final Demand (YoY)
THU 12:30 USD USD PPI Ex Food and Energy (YoY)
THU 12:30 USD USD PPI Ex Food Energy Trade (YoY)
THU 12:30 USD USD Initial Jobless Claims
THU 12:30 USD USD Continuing Claims
THU 14:30 USD USD EIA Natural Gas Storage Change
THU 14:30 USD USD EIA Working Natural Gas Implied Flow
THU 14:30 USD USD Fed's Powell Speaks on Prospects for Emerging Market Economies
THU 14:30 USD USD Fed's Brainard Speak on Monetary Policy Panel with ECB's Dragh
THU 14:30 EUR EUR ECB President Draghi participates in panel in Washington
THU 14:30 EUR EUR ECB's Praet speaks in Washington
THU 15:00 USD USD DOE U.S. Crude Oil Inventories
THU 15:00 USD USD DOE Cushing OK Crude Inventory
THU 15:00 USD USD DOE U.S. Gasoline Inventories
THU 15:00 USD USD DOE U.S. Distillate Inventory
THU 17:00 USD USD U.S. to Sell USD12 Bln 30-Year Bonds Reopening
THU 20:00 EUR EUR ECB's Coeure speaks at panel in Washington
THU 20:10 EUR EUR ECB's Lautenschlaeger speaks at panel in Washington

Foreign Exchange Rates

GBP/USD 1.3139
GBP/EUR 1.1086
EUR/USD 1.1842
GBP/AUD 1.6816
GBP/CAD 1.6403
GBP/CHF 1.2816
GBP/CZK 28.7221
GBP/DKK 8.2575
GBP/HKD 10.2653
GBP/INR 85.95
GBP/JPY 147.65
GBP/ NOK 10.3816
GBP/ NZD 1.8473
GBP/PLN 4.7424
GBP/ SEK 10.6407
GBP/ SGD 1.7799
GBP/THB 43.55
GBP/TRY 4.8117
GBP/ ZAR 17.7559
GBP/AED 4.8289

*These are indicative rates only, based on interbank prices at the time of writing. For exact rates please contact our dealing team

October 2017
S M T W T F S
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4
RSS Feed

Please subscribe to our FREE foreign exchange market update feed.

Cookies On The KBRFX Website

We use cookies on our website. They help us to know a little bit about you & how you use our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on our website. However, if you would like to, you can change your cookie settings at any time.

Continue Find out more