Sterling Recovers.
The question is will the recovery keep running...
Sterling ended the year on the ascension against both the Dollar and the Euro.
It started the year in similar fashion reaching 3 month highs this week.
The question is will the recovery keep running.
With global tensions rumbling it's a difficult question to gauge.
Will traders and investors start moving towards perceived safe havens such as gold which could bolster the Dollar?
On a more granular level, trading continues in a normal fashion responding to scheduled news rather than the more spectacular global news stories.
There's Chinese inflation numbers overnight with annualised growth of 0.9% which precedes big Canadian and US data tomorrow.
Canada is expected to release an unemployment rate of 6.6% at the same time as the much anticipated US non farm payrolls.
Analysts are predicting employment growth of 60,000 jobs.
The jobs data in the US has been under close scrutiny over recent months with the reported numbers often in contradiction to the Presidents rhetoric.
Economic calendar:
CHN: Friday 01:30 Inflation Report
CAN: Friday 13:30 Unemployment Rate
US: Friday 13:30 Non Farm Payrolls
So what next, what should you do?
As ever we look forward to keeping you in the loop and so please look out for our next update.
Our friendly currency experts are here to assist you and guide you through the markets, we offer a first-class service and even an online platform so you can monitor your transaction in real time.
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Kind regards,
David Evans
Co-Founder of Cle France.
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Current rates:
Thursday 8th January 2026 at 16:30
£1.00 GBP = 1.1525 EUR
£1.00 GBP = 1.3435 USD
£1.00 GBP = 2.0075 AUD
£1.00 GBP = 2.3365 NZD
£1.00 GBP = 1.8625 CAD
£1.00 GBP = 1.0740 CHF
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How to Save Money on your foreign currency transfers
- Regency FX can save you money by offering more competitive rates of exchange than your bank.
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