Foreign Exchange Daily Market Update 18/01/19

Mon, February 18, 2019

Theresa May looks to the EU to help save Brexit as Ministers rebel over No-Deal.

Theresa May will head to Europe in a major diplomatic drive to ask EU leaders to help save her Brexit deal, as she faces a mutiny from Cabinet ministers who want to stop the U.K. leaving without a deal. The PM’s allies believe she has just nine days left to save her strategy before members of Parliament run out of patience, and step in to take over the process in a vote scheduled for Feb. 27.

As the clock runs down, Theresa May’s has sent her ministers across Europe in an attempt to persuade the EU to make concessions so that doubtful colleagues in her Conservative Party can vote for a re-written deal.

The Pound rose to $1.29034 this morning against the dollar. Sterling strengthen to 1.1405 against the Euro.

 

Data to look out today.   

Not much data due out today.

The US is closed today due to National holiday.  

 

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
MON 00:00 GBP GBP CBI Trends Total Orders
MON 00:00 GBP GBP CBI Trends Selling Prices

Foreign Exchange Rates

GBP / USD 1.29026
GBP / EUR 1.14187
EUR / USD 1.13079
GBP / AUD 1.80450
GBP / CAD 1.70792
GBP / CHF 1.29437
GBP / CZK 29.2979
GBP / DKK 8.50926
GBP / HKD 10.12663
GBP / INR 92.0506
GBP / JPY 142.645
GBP / MUR 43.89
GBP / NOK 11.12409
GBP / NZD 1.87736
GBP / PLN 4.93389
GBP / SEK 11.94166
GBP / SGD 1.74498
GBP / THB 40.2692
GBP / TRY 6.84312
GBP / ZAR 18.17138

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

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