020 7898 0500Elsewhere on Friday we saw the Japanese yen and the Canadian dollar struggle. After showing some resilience on Thursday, the Japanese currency retreated back towards the 7-weeks lows it had hit earlier in the week whilst the Canadian dollar declined for the second consecutive day as household debt reached record levels. The Indian rupee and other Asian currencies performed well as the prospect of the US tapering diminished somewhat. This week the Swiss Central Bank will announce its latest decision on monetary policy and we will also have the minutes from the latest Reserve Bank of Australia policy meeting. From Canada we will have manufacturing sales and inflation data, GDP figures from New Zealand will be released and are forecast to show growth of 0.2% and finally the Governor of the Bank of Japan will be speaking on Thursday and Friday. Call in now for the latest price on your currency.
