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Yesterday

  • GBP/EUR opened at 1.1718, traded a high of 1.1758, a low of 1.1686 and closed at 1.1706 representing a 10% fall on the day.
  • GBP/USD opened at 1.3133, traded a high of 1.3196, a low of 1.3120 and closed at 1.3153 representing a 0.15%.
  • Jeremy Corbyn described his meeting with PM Theresa May as “useful but inconclusive”. Talks are set to continue today.
  • MPs backed a bill by one vote (313 to 312) which ensures that PM May must request an extension to the Brexit process in a bid to avoid a no-deal scenario.
  • UK services PMI came in weaker than expected at 48.9 vs 51.0.
  • US ADP non-farm employment change came in at 129K vs 184K expected.
  • US ISM non-manufacturing PMI came in at 56.1 vs 58.1 expected.
Overnight
  • GBP/AUD, GBP/NZD and GBP/JPY are currently trading 1.8504, 1.9412 and 146.55, respectively.
Today
  • At 12.30 the ECB monetary policy meeting accounts will be released.
  • At 3pm Canada will release Ivey PMI data.

MAJOR CURRENCY PAIRS
Current at time of distribution

Currency Pair Interbank Rate % Change on Day
GBP/EUR 1.1708 +0.02
GBP/USD 1.3153 +0.00
EUR/USD 1.1231 +0.00
AUD/USD 0.7106 -0.08
ECONOMIC CALENDAR
Current at time of distribution
Time (GMT) Region Data Release Forecast Previous
12:30 EUR ECB Monetary Policy Meeting Accounts
15:00 CAD Ivey PMI 51.4 50.6
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