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-GBP was the best performer in G10............>

FOREX
FOREX: -GBP was the best performer in G10 Wednesday as markets take profit the
sharp slide Tuesday. The momentum was boosted by somewhat positive Brexit
headlines. Firstly, wires cited a letter written by Brexit secretary Raab, who
raised Nov21 as a likely date by which the UK will have cinched a deal with the
EU. This was compounded by an EU official, who saw a "new positive mood" in
Brexit talks. GBP/USD rally topped out at $1.2831 before fading.
-Antipodeans carried their Asia-Pac underperformance through European and US
trading hours keeping AUD/USD and NZD/USD contained below the $0.71 handle and
the 50-dma respectively.
-USD gained against most others, continuing the successful SOMA day trade (where
Fed drain liquidity), supporting the DXY to fresh multi-month highs (and EUR/USD
back toward the year's $1.1301 lows).
-Attention Thursday turns to the Bank of England's Super Thursday, weekly US
jobless data, ISM Manufacturing, NZ ANZ consumer confidence and China's Caixin
Manufacturing PMI.
Energy BulletsCommodities
Energy BulletsCommodities

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