Yesterday
- GBP/EUR opened at 1.1612, traded a high of 1.1640, a low of 1.1567 and closed at 1.1601 representing a 0.09% fall on the day.
- GBP/USD opened at 1.3039, traded a high of 1.3074, a low of 1.3022 and closed at 1.3056 representing a 0.19% rally on Monday.
- The US is proposing £8.4bn ($11bn) worth of tariffs on EU goods in response to subsidies that support Airbus. The WTO has found that the subsidies have adverse impact on the US.
- The BBC are reporting that both sides in the cross-party talks between Labour and Conservatives have obstacles to overcome if they are to find common ground in Brexit talks.
- St Louis Fed rebutted President Donald Trump’s assertion that tightening monetary policy is hurting the economy.
Overnight
- GBP/AUD, GBP/NZD and GBP/JPY are currenty trading 1.8327, 1.9396 and 145.85, respectively.
Today
- Prime Minister Theresa May is to speak to German chancellor Angela Merkel and French president Emmanuel Macron regarding the UK’s Brexit extension request today ahead of the EU summit tomorrow.
- Another slow day ahead on the economic data front.
MAJOR CURRENCY PAIRS
Current at time of distribution
Currency Pair | Interbank Rate | % Change on Day |
GBP/EUR | 1.1618 | +0.15 |
GBP/USD | 1.3108 | +0.39 |
EUR/USD | 1.1278 | +0.14 |
AUD/USD | 0.7149 | +0.32 |
ECONOMIC CALENDAR
Current at time of distribution
Current at time of distribution
No economic data.