GBP plumbs another post-election low - A......>

FOREX: GBP plumbs another post-election low

- A low volume day by and large for currency markets, with all major currencies

failing to reach recent average activity. The busiest markets were GBP, which

edged to a new post-election low and through the $1.30 handle, with AUD and NZD

not far behind.

- Central banks were the focus of the day, with BoE, Norges Bank and BoJ keeping

policy unchanged, while the Riksbank ended their experiment with negative

interest rates and hiked back to 0% - all alongside expectations and with little

long-lasting impact.

- Much of the price action took place following the NY open, with markets happy

to sell the greenback against most others in G10. This helped flatter AUD and

NZD somewhat, which sit towards the top of the G10 FX table following Thursday's

better Australian jobs data.

- Japanese CPI, the final reading of both US and UK Q3 GDP, US personal

income/spending data and Canadian retail sales are Friday's calendar highlights.

BoE's Haskel is the sole speaker on the slate.