https://www.bestpricefs.co.uk/app/foreign-exchange/

 

Friday

• GBP/EUR fell by 0.57% on Friday after opening at 1.1168, trading a high of 1.1175 and closing at 1.1107.
• GBP/USD fell to his lowest levels since 2017 after opening at 1.2447, trading a high of 1.2459, a low of 1.2376 and closing at 1.2380 representing a 0.54% fall on Friday.
• US advance GDP q/q came in better than expected 2.1 % vs 1.8% and US advance GDP price index q/q came in weaker than expected at 2.4% vs 4.0%.
• Business lobby group CBI have said that the UK is not ready for a no-deal Brexit in a warning to the government. They also said that the EU is not ready either. A government spokesperson said the UK has increased the pace of planning for a no-deal.
• Boris Johnson has made Michael Gove responsible for the planning of a no-deal Brexit.
• Jobs at the Ellesmere Port Vauxhall factory could be under threat as the the chief executive of Vauxhall-owner PSA said it could move production to Europe if Brexit makes it unprofitable.

• GBP/AUD, GBP/NZD and GBP/JPY are currently trading 1.7846, 1.8597 and 133.90, respectively.

• There is no economic data of note to be released today.
• Boris Johnson has called for a renewal of the “ties that bind our United Kingdom” ahead of his first visit to Scotland as prime minister. He is set to announce £300m of funding for Wales, Scotland and Northern Ireland.

 

MAJOR CURRENCY PAIRS
Current at time of distribution

Currency Pair	Interbank Rate	% Change on Day
GBP/EUR	1.1079	-0.25
GBP/USD	1.2326	-0.43
EUR/USD	1.1123	-0.01
AUD/USD	0.6905	-0.04

 

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