After a relatively quiet morning, the FX......>

FOREX: After a relatively quiet morning, the FX market has been hit by another

Brexit headline as Reuters have reported the DUP chief whip as saying that it

looks as though we are heading for a no deal Brexit, seeing cable and USD/JPY

fall to their lows for the day. Antipodean currencies are outperforming with the

Australian dollar the best performer following the RBA overnight. There were

little surprises in the statement and Aussie didn't react to the release but has

been slowly grinding higher through the European morning. European services PMIs

were the data highlight with the Spanish print surprising positively, but

Italian print falling below 50. The US session sees little in the way of key

data releases with the market shifting its focus to the midterm election results

with markets currently pricing in a split Congress.