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Sterling has an extremely stable day with limited movement against all majors (Daniel Wright)
Today we have seen a fairly quiet day on the markets for Sterling followers with little economic data out and no real big headline hitters from Europe or the States.
Tomorrow has the ability to be very different with a few major points of note to be aware of.
Early morning we have German unemployment figures which could have a great impact on the Euro. Expectations are for no change at 6.5% but the key will be if we see the actual figure come out any different. many economies have surprised us with their unemployment figures in the past few months so it would not be a great shock to see a little improvement and finally a good day for the Euro.
For anyone that has an interest in the Pound, it is important to note that we have GDP figures for the U.K out at 09:30am. These figures are the final revision for Quarter 4 of 2014 and expectations are for a slight revision downwards so Sterling may struggle a little against all majors in trading tomorrow morning.
Later in the day we have inflation figures for both Canada and America, both at 13:30pm which will no doubt lead to a volatile afternoon for their two respective currencies. The Canadian Dollar has gained strength over the past 24 hours as comments from the Bank of Canada that interest rates will remain static for the foreseeable future, which gave the CAD a boost.
If you are looking to exchange any major currency and you want to make sure you are getting the most for your money (even if you already are using a broker) then it is always well worth contacting me for a quote. I regularly have people contact me through this site that find out they are not getting the best price they can and for the sake of two minutes writing me an email it is well worth getting a quote, just like buying anything it is always worth comparing.
You can email me (Daniel Wright) the owner and editor of this site directly on [email protected] with a brief description of what you are looking to do and I will be more than happy to give you a call and help you save a great deal of money.
Source: http://www.poundsterlingforecast.com/2015/02/25/sterling-has-an-extremely-stable-day-with-limited-movement-against-all-majors-daniel-wright/
