It was a relatively uneventful start to the...>

FOREX: It was a relatively uneventful start to the week, with the USD edging

higher.

- The GBP crosses had little reaction to the latest round of Brexit headlines,

which saw UK Trade Min Fox suggest that there is a 60-40 chance of a no deal

Brexit scenario, which has been played down by Downing St sources, stressing

that UK PM May is confident that she will get a positive outcome re: Brexit

matters.

- USD/CAD edged higher in early dealing after Saudi Arabia suspended all new

trade & investment with Canada, but the loonie recovered, with USD/CAD

sub-C$1.300 last. The recovery was probably aided by the limited amount of

investment into Canada from Saudi Arabia. As a reminder today is a Canadian

market holiday, which will effect CAD liquidity.

- The JPY traded in lacklustre manner, edging lower as Asia-Pacific stocks

ticked higher. AUD also edged lower, with the yuan operating in a choppy, albeit

limited manner.

- Monday provides a limited docket, headlined by the China current A/c.