Yellen’s speech calms USD bulls
Quote of the day: “Go the extra mile, it’s less crowded there!”
March 22nd: Highlights
- CPI inflation data from Germany
- US ADP Employment Change data
- US Crude Oil Inventories
Market Comment
Yesterday, US Consumer Confidence posted 96.2, better than forecast, showing that confidence in the service sector remains strong.
Today, we have confidence data from the Eurozone, which is expected to be weaker, reflecting the ongoing slowdown. And further to digestion and discussion of Yellen’s speech, we have two major releases from the US – ADP Employment Change (pre-cursor to the Non-Farm Payrolls on Friday) and the Crude Oil Inventories, forecast to drop 7m to 2.4M barrels.
Have a great day!
Morning mid-market rates – The majors
GBP > USD 
= 
= 
= 
= 
= 85% savings. Job Done. So, what is the secret sauce of the CurrencyTransfer.com marketplace?
How are we innovating?
Well, we are not an expensive bank costing you up to £1,500 on every £50,000 trade. Neither do you ever need to ring around multiple brokers and speak to sales guys. Pretty inaccurate way of shopping around. We help you maximise the value of each transfer. Quite simply, you are in control. Foreign exchange companies compete in a LIVE marketplace to win your business.
You win!
Got a question? We’d be delighted to help!
Paul Plewman
Director of Sales & Operations
t: +44 (0) 20 7096 1036
e: paul@currencytransfer.com
