News

News

Monday 18th September 2017

Good morning

 

Sterling was the winner last week following the Monetary Policy Committee’s sentiment that interest rates will go up sooner than later if inflation carries on rising.

GBP/USD was up at 1.36 before dropping back to mid 1.35 levels this morning, while GBP/EUR remains trading around 1.1360.

 

A fairly quiet week data wise with the main event being Wednesday when we expect the US to keep their rates unchanged too, for the time being.

 

Have a great week.