The last 24 hours have not seen an awful lot of movement for Sterling, with the Pound managing to hold its own against most of the major currencies, just off the summit of the recent 22 month highs. We are now into May though and as is usual for the st…

Yesterday saw the beginning of the trading week and the final day of the month of April. Sterling continued its recent gains against a basket of currencies as investors continued to see the pound as a safer bet than the weakening dollar and euro.Follow…

This week’s selected news releases likely to affect currency rates are as follows:Monday 30th0700 – German retail sales1000 – Eurozone consumer inflation1330 – US personal imcome & expenditure; Canadian GDPTuesday 1st0530 – Australian interest rate dec…

This morning’s news that GDP fell in the first quarter of 2012 will not help the Pound’s prospects after a solid performance in recent weeks.Official figures showed a 0.2% contraction in the economy in the first 3 months this year, which on top of a 0….

This week we have a lot of data due out around the world likely to affect exchange rates:

Monday 23rd
0230 – Australian producer inflation

Tuesday 24th
0230 – Australian consumer inflation
0700 – Swiss trade balance
0930 – UK public sector borrowing
…

The Pound is up in trading today, as UK inflation figures rose slightly, in the first increase since September. The official measure, CPI, was up from 3.4% in February to 3.5% in March.The news is likely to move further Quantitative Easing off the Bank…

We are due for a busy week ahead on the currency markets, with important data due out around the world as follows.

Monday 16th
1330 – US retail sales

Tuesday 17th
0230 – Australian monetary policy statement
0930 – UK consumer & retail inflation
1000 …