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No High Impact Data For The UK, EU & U.S Today


Good morning,

Fact of the day

Pineapples were so rare a sight in the 1700’s they were a symbol of wealth. The few that were cultivated in hothouses were worth about five thousand pounds ($8000) each. They weren’t eaten, but were rented out by the aristocracy as a table centerpiece at dinner parties.

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Easter Break


Good morning,

We hope you all enjoyed your Easter Break.

GBP/EUR opened on Thursday last week at 1.1540. Sterling managed to rise higher against the Euro as the Germans (once again) have posted another negative manufacturing figure coming in worse than expected. Shortly after the UK released far better retail sales figure than expected coming in over 2% higher year on year allowing GBP to push to 1.1578. After lunch the pair remained steady keeping above 1.1550 for the Ester close.

GBP/USD opened on Thursday last week at 1.3040 seeing the UK post good retails sales figures. The pair tried to push higher but failed and fell sharply below the 1.30 region as the Fed president Kaplan said he is getting more confident about the growth outlook for the current year. The US Dollar was strong across the park seeing Cable trade nearly the lowest in three weeks finishing the week at 1.2990.

EUR/USD opened last week at 1.1300 but in the morning the EU released some dismal data putting lots of pressure on the Euro seeing the pair fall sharply down to 1.1240 by lunch. Shortly after lunch the US released their retails sales figures which came out very strong allowing the US to push further on the Euro seeing the pair reach 1.1226.

Fact of the day

Light bulbs in the New York City subway system screw in “backwards” (i.e. with left-handed threads) so people won’t steal them to use at home.

El Presidente

We hope you enjoy the rest of the week.




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Easter Holidays - Working Hours!




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Good Afternoon Clients,

FXPress Payment Services office will be closed from Friday 19th April to Monday 22nd April for the Easter Holidays. Dealers will have full access to their emails should clients have any questions. We hope you have a great Easter Holiday.







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Busy Economic Calendar as the UK, EU & U.S All Release High Impact Pieces Of Data!


Good Morning!

GBP/EUR was stuck between 1.1520-1.1560 in Wednesday's trading session, the pair was sitting at the low of the day in the morning session and the pair managed to make movements to the high around noon. There was no further movements to report as the price sat at 1.1540 for the remainder of the day, we open this morning at 1.1550.

It was a similar day for the GBP/USD rate of exchange, the pair traded within a 35 pip range which was from 1.3030-1.3065. Like GBP/EUR there was no major reports to discuss as the price has been rather flat since the extension of the brexit deal, we have opened this mornings session at 1.3027 and we have a busy day in terms of the economic calendar so hopefully we can see some good movements.

EUR/USD was another pair which had little excitement, the pairs price was between 1.1275-1.1320 in what has been a very flat week for price moves, the rate of exchange has took a dip this morning from 1.1300 to 1.1258 following negative data from the EU.

Fact of the day

The US Bureau of Land Management only allows 20 people per day to visit The Wave rock formation in Arizona and you have to apply 4 months in advance for a permit.

Image result for The US Bureau of Land Management only allows 20 people per day to visit The Wave rock formation in Arizona and you have to apply 4 months in advance for a permit.

We hope you enjoy the double bank holiday weekend!




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UK CPI and BoE Carney


Good Morning!

GBP/EUR opened yesterday at 1.1590 falling lower in the early hours of trading ahead of UK unemployment rates. The UK then posted good (as expected) unemployment rates with the Germans also posting poor ZEW figures allowing GBP to push back up aiming for 1.1600 but couldn't quite make it. In the afternoon, GBP lost more value as more lack of progress in the UK cross-party talks to break the Brexit Deadlock. The pair finished the day at 1.1560.

GBP/USD opened yesterday at 1.3100 where the pair traded around these levels in the early morning. GBP didn't manage to break through the 1.3100 level despite the UK posting good UK wage and unemployment growth. In the afternoon, Jeremy Corbyn mentioned that the negotiations were faltering putting Sterling pressure falling down to 1.3040 at the low of the day.

EUR/USD opened the day at 1.1300 falling lower yesterday morning after Germany releasing another poor economic figure from their ZEW Survey. The pair fell down to 1.1280 by mid morning but managed to push higher back up to 1.1300 after the US released poor Industrial production figures. This strength didn't last long as the Euro fell again down to 1.1280 for the close.

Fact of the day


The wooden structure supporting the 210 ton lead roof of Notre Dame, nicknamed “The Forest,” was made from an estimated 13,000 300-400 year old Oak trees from the 12th and 13th Century. It took 87 years to build Notre-Dame de Paris cathedral, from 1163-1250.

We hope you have a great Sunny day.




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