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

Yesterday

• GBP/EUR opened the day at 1.0863, traded a high of 1.0881, a low of 1.0837 and closed at 1.0837 representing a fall of 0.21%.
• GBP/USD opened at 1.2160, traded a high of 1.2191, a low of 1.2121 and closed at 1.2139 representing a fall on the day of 0.17%.
• The government is assuming that preparations for customs and regulatory checks from French authorities have decreased the predicted trade disruption from a no-deal Brexit.
• The Scottish Labour leader Richard Leonard said that there is ‘no case’ for a second Scotland referendum after suggestions from shadow chancellor John McDonnell that the party would not oppose a so-called indyref2.
• The UK food industry has asked the government to waive aspects of competition law to allow firms to co-ordinate and direct supplies with each other after a no-deal Brexit. (BBC News)

• Chinese trade balance data came in as expected at 310B overnight.
• GBP/AUD, GBP/NZD and GBP/JPY are currently trading at 1.7942, 1.8828 and 129.10, respectively.

• GBP/USD is up by a fifth of a percent this morning but continued to trade near 2 year lows.
• If new higher tariffs are applied to British milk in the case of a no-deal Brexit, approximately 45,000 dairy cows could be culled in Northern Ireland  according to senior industry figures.
• There is no major economic data due to be released today.

Currency Pair	Interbank Rate	% Change on Day
GBP/EUR	1.0840	+0.03
GBP/USD	1.2163	+0.20
EUR/USD	1.1220	+0.20
AUD/USD	0.6780	+0.36

No economic data due today.

 

 

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