News

News

Monday 10th July 2017

Good morning

 

Last week we saw GBP/EUR hit a 2 1/2 week high of 1.1420 before slipping back to 1.13.

Likewise, GBP/USD slipped a cent from 1.30 to 1.29.

 

This weekend saw the G20 Summit in Hamburg.

Fairly quiet data wise, with the markets expecting the bank of Canada to raise their interest rates on Wednesday by 0.25% to 0.75%.

 

Have a great week.

CENTRAL BANK AND LIBOR RATES

UK: 0.50%
US: 1.75%
EU: 0.00%

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