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Friday

  • GBP/EUR opened at 1.0973, traded a high of 1.0992, a low of 1.0931 and closed at 1.0931 representing a -0.37% fall on Friday.
  • GBP/USD gained by 0.26% on Friday, traded a high of 1.2169, a low of 1.2088 and closed at 1.2157.
  • CAD trade balance came in at 0.1B vs -0.3B.
  • US average hourly earnings m/m came in at 0.3% vs 0.2% expected.
  • Non-farm employment change came in as expected at 164K.
  • US unemployment rate came in slightly worse than expected at 3.7% vs 3.6%.
  • US President Donald Trump tweeted that “things are going very well with China” however he did also say that he could increase China tariffs “to a very much higher number”.
Overnight
  • GBP/AUD, GBP/NZD and GBP/JPY are currently trading 1.7969, 1.8642 and 128.57, respectively.
  • Boris Johnson plans to give the NHS a one-off cash boost of £1.8bn.
Today
  • UK services PMI came in better than expected at 51.4 vs 50.4.
  • At 3pm we have ISM non-manufacturing PMI from the US.
  • This followed by employment change q/q and unemployment rate from New Zealand at 11.45pm.

MAJOR CURRENCY PAIRS
Current at time of distribution

Currency Pair Interbank Rate % Change on Day
GBP/EUR 1.0905 -0.24
GBP/USD 1.2137 -0.17
EUR/USD 1.1147 +0.37
AUD/USD 0.6755 -0.63

 

ECONOMIC CALENDAR
Current at time of distribution

 

Time (GMT) Region Data Release Forecast Previous
15:00 USD ISM non-manufacturing PMI 55.5 55.1
23:45 NZD Employment change q/q 0.3% -0.2%
23:45 NZD Unemployment rate 4.3% 4.2%