Mon, April 01, 2019
Sterling headed for its worst month since October against the dollar after U.K. lawmakers voted against Theresa May’s Brexit plan for a third time on Friday.
On Friday Sterling slid to a three-week low instantly after the vote result. The failure of May’s last-ditch effort to get her deal through Parliament leaves the U.K. with the choice between crashing out of the EU without a deal in two weeks or looking a long extension of the exit date. Parliament will again today on various alternatives to May’s deal.
Donald Task president of the European council called an emergency EU summit for April 10, ahead of the current deadline for Britain to leave the bloc. A no-deal Brexit in two weeks’ time is now likely.
Sterling fell as much as 0.5% on Friday to $1.2978, the lowest since March 11, before slowly climbing back to $1.3026. It weakened 0.2% to 15.80 against the Euro.
Data to look out today.
14:00 USD Manufacturing.
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
| Day | Time | Currency | Event |
|---|---|---|---|
| MON | 06:45 | EUR | EUR Markit/ADACI Italy Manufacturing PMI | MON | 06:50 | EUR | EUR Markit France Manufacturing PMI | MON | 06:55 | EUR | EUR Markit/BME Germany Manufacturing PMI | MON | 08:00 | EUR | EUR Markit Eurozone Manufacturing PMI | MON | 08:30 | GBP | GBP Markit UK PMI Manufacturing s.a. | MON | 09:00 | EUR | EUR Euro-Zone Unemployment Rate | MON | 09:00 | EUR | EUR Euro-Zone Consumer Price Index Core (YoY) | MON | 09:00 | EUR | EUR Euro-Zone Consumer Price Index Estimate (YoY) | MON | 12:30 | USD | USD Retail Sales Advance (MoM) | MON | 12:30 | USD | USD Retail Sales Ex Auto (MoM) | MON | 12:30 | USD | USD Retail Sales Ex Auto and Gas | MON | 12:30 | USD | USD Retail Sales Control Group | MON | 13:45 | USD | USD Markit US Manufacturing PMI | MON | 14:00 | USD | USD ISM Manufacturing | MON | 14:00 | USD | USD ISM Employment | MON | 14:00 | USD | USD ISM Prices Paid | MON | 14:00 | USD | USD ISM New Orders | MON | 14:00 | USD | USD Construction Spending (MoM) | MON | 14:00 | USD | USD Business Inventories | MON | 15:30 | USD | USD U.S. to Sell 3-Month Bills | MON | 15:30 | USD | USD U.S. to Sell 6-Month Bills | MON | USD | USD Wards Total Vehicle Sales |
| {currency-pair} | {exchange-rate} |
|---|
*These are indicative rates only, based on interbank prices at the time of writing. For exact rates please contact our dealing team
| S | M | T | W | T | F | S |
| 31 | 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 | 1 | 2 | 3 | 4 |
Please subscribe to our FREE foreign exchange market update feed.
