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 |