Hi All
As the euro exchange rate continues to get stronger and stronger by the day this morning’s focus will be on the UK Januarys Industrial production release. This will give us a clearer view on the economy for the first quarter and will be followed by the latest trade figures tomorrow.
At 9.30 this morning MPC members will be discussing the current outlook of the UK economy. The likeliness of anything positive coming from this remains to be seen following the individual views in recent speeches.
Today’s morning IMSFX rates:
GBPEUR 1.1990
GBPUSD 1.6619
EURUSD 1.3861
GBPSEK 10.600
GBPZAR 17.877
GBPAUD 1.8399
As you are aware our rates are always very attractive and I am always happy to quote on any amount required.
Have you ever thought about buying a Forward? Feel free to contact me to discuss in greater detail.