News

News

Monday 7th May 2018

Good morning

 

Firstly, thank you for those who have already responded. I will leave this message on here for one more week.

 

If you would like to stay up to date with our economic weekly email on what is happening in the currency markets, the new EU rules (GDPR in force on 25th May 2018) means you need to let us know by replying to this email and type: ‘opt in’. We will use your email address for the sole purpose of communicating this to you and it will not be passed on to any third parties.

If you take no action your address will be removed from our list and you won’t receive any emails from us again (I’m sure for some of you this will be a cause for celebration!).

 

You may also read these news updates directly from our website which are usually updated by mid-morning on a Monday (as long as no bank holiday in the way) and can be viewed from this link -

www.capitalcurrencies.com/news

 

OK so for the markets, a quiet day yesterday with Australia and the UK enjoying the May Day Bank Holiday.

Spain, France and Switzerland are off on Thursday for Ascension Day – so bear in mind no payments will go out to those countries then.

 

GBP/USD hit a 4-month low last week of 1.3535 with GBP/EUR touching a 6-week low of 1.1310.

 

Thursday, we have the MPC (Monetary Policy Committee) decision on UK interest rates – economists a little divided but majority believing rates will remain unchanged for now.

 

Have a great week.