It is a busy week for Sterling with two Brexit-related bills making their way through parliament. The US Dollar is on the backfoot but should data out later today be positive the Greenback might find further support. The Australian and New Zealand Dollars are also in focus.

July 16,2018

GBP will be sensitive to Theresa May's new Chequer's Brexit plan which faces its first real test in Parliament while a set of major data releases will be critical for the Bank of England's August 'O.K Corral' meet. For the Dollar, Chairman Powell gets grilled by congressman and updates markets on Fed's stance

July 15,2018

Global currency markets are sanguine ahead of the weekend with trade war developments set to stay in focus with markets awaiting Chinese retaliation measures versus US. The data calendar is light ahead of the weekend and global sentiment and technical trading is therefore likely to guide moves over coming hours.

July 13,2018

Foreign exchange markets are relatively flat on Thursday, July 12 with no major trade war headlines to contend with. US data and British-European politics are likely to form the focus of the day.

July 12,2018