Commercial exchange rates volatile across the board

High St Bank Exchange Rate

This is a busy week for foreign exchange news - commercial exchange rates are likely to be volatile across the board.

12th May (Tuesday)
0030 US Federal Reserve Chairman Bernanke’s speech – likely to affect US Dollar rates for sending money to the USA
0930 UK industrial and manufacturing data, likely to affect the Pound significantly

13th May (Wednesday) 0930 UK unemployment data
1030 Bank of England quarterly inflation report and accompanying speech
1330 USA retail sales data

14th May (Thursday) 0200 Australian inflation expectations
1330 US factory inflation
2345 New Zealand retail sales data

15th May (Friday) 0700 German GDP
1000 European inflation figures, likely to cause movements in the Euro exchange rate

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Commercial exchange rates volatile across the board

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High St Bank Exchange Rate

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