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Friday

  • GBP/EUR opened at 1.1645, traded a high of 1.1685, a low of 1.1580 and closed at 1.1612 on Friday representing a -0.30% change on the day.
  • GBP/USD opened at 1.3068, traded a high of 1.3121, a low of 1.2986 and closed at 1.3031 representing a fall of 0.28% on the day.
  • UK Prime Minister Theresa May formally requested a Brexit extension to June 30th on Friday.
  • Canadian employment change came in at -7.2k vs 3.0k expected. The unemployment rate was 5.8% as expected.
  • In the US average hourly earnings m/m was weaker than expected at 0.1% vs 0.3%. Non farm payrolls beat expectations at 196k vs 172k. The US unemployment rate remained at 3.8%.
Overnight
  • GBP/AUD, GBP/NZD and GBP/JPY are currently trading at 1.8370, 1.9375 and 145.41, respectively.
Today
  • Labour have said their diary is clear today in the hope of more Brexit talks with the prime minister.
  • No data of note expected today.

MAJOR CURRENCY PAIRS
Current at time of distribution

Currency Pair Interbank Rate % Change on Day
GBP/EUR 1.1613 +0.01
GBP/USD 1.3044 +0.10
EUR/USD 1.1232 +0.16
AUD/USD 0.7100 -0.04

 

ECONOMIC CALENDAR
Current at time of distribution

No data releases expected today.

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