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A good session for the British Pound

FOREX
  • The Greenback remains better offered during our European morning trading session, and that's despite the risk off tone.
  • Best performers in G10 versus the Dollar have been the safe haven currencies, JPY and CHF.
  • The British Pound has also had a strong performance today, with the currency up against all the majors, following Andrew Bailey's hawkish comment yesterday.
  • The USD is down against all G10s, beside the CAD, and trades flat versus the NOK.
  • Most G10 crossed trade mostly within ranges, as market participants await on the ECB and Lagarde's presser.
  • Looking ahead, US IJC is the only notable data.
  • Plenty of speakers are scheduled, including Fed Daly, Evans, Bowman and Williams.

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