Most of the east coast of the USA has been hit by snow and many people are asking whether it is affecting their economy.
It meant that their Retail Sales figure release has been delayed till later today but some are also thinking it has helped to show their jobless figures in a better light. The jobless figures were released yesterday afternoon and came in better than expected as the snow may have caused an administrative backlog. Due to this the pound strengthened against the dollar through yesterday’s afternoon trading.
With this in mind if you are interested in enquiring about our currency rates to send money abroad get in contact today on 0800 328 5884 and talk to your independent currency broker.
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