- GBP/EUR opened at 1.1557, traded a high of 1.1563, a low of 1.1520 and closed at 1.1540 representing a fall of 0.16% on the day.
- GBP/USD opened at 1.3026, traded a high of 1.3067, a low of 1.3028 and closed at 1.3037 representing a fall in value of sterling against the US dollar of 0.06%.
- Secretary-general of the European Commission Martin Selmayr stated that a no-deal Brexit would definitely mean a hard border between the UK and Ireland.
- A YouGov survey result showed that Jeremy Corbyn will lose support and hand Nigel Farage victory in the European Parliament elections if he refuses to back another public vote on Brexit.
- UK CPI y/y came in slightly softer than expected at 1.9% vs 2.0% as slowing food prices offset rising fuel and clothing costs.
- RPI y/y came in slightly softer than expected at 2.4% vs 2.6%.
- Canadian CPI m/m came in as expected at 0.7% and trade balance data came in at -2.9B vs -3.5B.
- Australian employment change was better than expected coming in at 25.7K vs 15.2K. The unemployment rate came in as expected at 5.0%.
- GBP/AUD, GBP/NZD and GBP/JPY are currently trading 1.8165, 1.9404 and 145.55, respectively.
- UK retail sales came in better than expected at 1.1% vs -0.3%.
- We have core retail sales m/m, retail sales m/m from both the US and Canada at 1.30pm
|Currency Pair||Interbank Rate||% Change on Day|
|Time (GMT)||Region||Data Release||Forecast||Previous|
|13:30||CAD||Core Retail Sales m/m||0.2%||0.1%|
|13:30||CAD||Retail Sales m/m||0.4%||-0.3%|
|13:30||USD||Core Retail Sales m/m||0.7%||-0.4%|
|13:30||USD||Retail Sales m/m||0.9%||-0.2%|
|13:30||USD||Philly Fed Manufacturing Index||11.2||13.7|