All this and more is available on our video blog at http://uk.youtube.com/user/WorldFirstJC

A better than expected jobs figure lifted risky assets on Friday with euro and sterling two of the main beneficiaries. US Non-Farm Payrolls figures came out at -539k against an expected -600k although the unemployment rate hit a 25 year high of 8.9% and is expected to rise further.

On the back of this announcement GBP/USD flirted with the 1.52 level while EUR/USD moved into the 1.36s with EUR further breaking down sterling’s gain over the past week.

Green shoots for sterling are still coming through though and should provoke a bit of joy for sterling sellers. An article in yesterday’s Sunday Telegraph stated that the Bank of England Inflation report will outline that deflation is no longer a concern in the UK and that inflation projections will increase as a result. According to the article they will also underline their commitment to the Quantitative Easing program that was extended on Thursday.

This week’s data highlights in the US include trade (Tuesday), retail sales (Wednesday), CPI and IP (Thursday). In the euro area, we get euro area IP (Wednesday), Q1 GDP and CPI (Friday). We also get some important data points in China – trade (Tuesday), retail sales and IP (Wednesday).

World First’s Twitter page is up and running and we will be live ‘tweeting’ the impact of all these data releases and how they affect the markets. Click below for up-to-date news on all things currency. The address is http://twitter.com/World_First

Please feel free to contact me jeremy.cook@worldfirst.com(jeremy.cook@worldfirst.com) if you have any questions or thoughts regarding these updates or if you are interested in a particular event in the calendar. If you would like to discuss your foreign exchange requirements, please contact our: Corporate Foreign Exchange on 020 7801 9050 or ourPrivate Client Currency Exchange on 020 7801 9080. Disclaimer: The above comments are only our views and should not be construed as advice. You should act using your own information and judgement. Although information has been obtained from and is based upon multiple sources the author believes to be reliable, we do not guarantee its accuracy and it may be incomplete or condensed. All opinions and estimates constitute the author’s own judgement as of the date of the briefing and are subject to change without notice. Any rates given are “interbank” i.e. for amounts of £5million and thus are not indicative of rates offered by World First for smaller amounts. E&OE. Definitions of jargon/market terms can be found in our Glossary of Foreign Exchange Terms..

To view any past or present currency blogs please click on the following link www.worldfirst.com/blog