{"id":19312,"date":"2022-07-18T09:00:57","date_gmt":"2022-07-18T09:00:57","guid":{"rendered":"https:\/\/lanjaronproperty.com\/?p=19312"},"modified":"2022-07-18T09:00:57","modified_gmt":"2022-07-18T09:00:57","slug":"currency-exchange-news-18th-july-2022","status":"publish","type":"post","link":"https:\/\/lanjaronproperty.com\/currency-exchange-news-18th-july-2022\/","title":{"rendered":"Currency exchange news – 18th July 2022"},"content":{"rendered":"
Currency exchange news – 18th July 2022<\/p>\n
GBP Currency exchange news<\/strong> As the UK braces for potentially record-breaking temperatures, investors will be keeping an eye on the data releases this week of which there are quite a few: labour market, inflation, PMIs and retail sales to name the main ones. Many feel that this data will let us know if we are past the peak of the storm or in the eye of it and will therefore provide a strong indicator as to whether the MPC raise rates by 25 or 50 basis points. <\/p>\n
\nA quiet Friday for the Pound saw it gain very slight support during the day. This was due to a combination of virtually no domestic data and strengthening risk appetite which saw the Dollar slip a bit. The Pound had a good week against the Euro off the back of better-than-expected GDP data and the markets will continue to monitor the Conservative leadership race for any hints at economic policy.<\/p>\n