Catch up on the latest trends and updates in the financial and forex markets with our daily blog posts. We break down key movements, currency changes, and market shifts, giving you a clear picture of what's happening in real-time. Stay on top of the news and get the info you need to make smart financial decisions.
Please note that all rates shown are midpoint indicative rates.
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All Day CAD Bank Holiday
All Day USD Bank Holiday
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12:15am EUR Main Refinancing Rate
Forecast 2.65% Previous 2.40%
12:15am EUR Monetary Policy Statement
12:30am USD Core PPI m/m
Forecast 0.30% Previous 0.20%
12:30am USD PPI m/m
Forecast 0.40% Previous 0.00%
12:30am USD Unemployment Claims
Forecast 205K Previous 206K
12:45am EUR ECB Press Conference
6:00pm GBP GDP m/m
Forecast 0.00% Previous 0.30%
12:30am USD Core CPI m/m
Forecast 0.20% Previous 0.20%
12:30am USD Core CPI y/y
Forecast 2.40% Previous 2.50%
12:30am USD CPI m/m
Forecast 0.40% Previous 0.10%
12:30am USD CPI y/y
Forecast 3.40% Previous 3.40%
2:00am USD Prelim UoM Consumer Sentiment
Forecast 51 Previous 51.7
2:00am USD Prelim UoM Inflation Expectations
Previous 4.00%
7:30pm EUR ECB President Lagarde Speaks
1. Enter the amount: Input the amount of currency you would like to sell.
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3. View the Conversion: After entering the amount, the calculator should display the buy amount based on Collinson FX’s exchange rate. Note that the rates may vary slightly and are updated regularly.
This tool helps you get an idea of the exchange rate for currency transactions but please reach out if you have any questions or would like a free quote.
Asian markets opened the week strongly, but the impact of the Middle East war, soon took its toll on markets. Oil prices remain elevated and inflation is an ongoing threat. EU GDP growth was positive, coming in at an annualised 1.2%, for Q2.
Read more →US equity markets turned negative, at the close of the week, due to a better-than-expected Non-Farm Payroll report. US Unemployment remained steady at 4.1%, but NFP added 162,000, blowing out the expected figure of 21,000.
Read more →The Federal Reserve Chairman Waller confirmed his dovish reputation, citing an improving inflation trend and a likelihood of a ‘rate hold’ at the next FOMC meeting. This was enough to send global bond yields tumbling, along with the US Dollar, while US equities soared.
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