Pound Sterling is likely to see the pause button hit on this week's recovery with Brexit headlines looming on Friday. The Euro's sell-off was halted and reversed by supportive comments by the ECB and the US Dollar is back in play with markets watching data releases and awaiting the release of Fed minutes.

July 5,2018

The British Pound will be guided by the release of Service PMI data this morning while the US Dollar is softer and the under-pressure commodity Dollars are rising amidst an air of calm on global markets.

July 4,2018

The Australian Dollar is today's best performing currency in the wake of the RBA statement while we don't expect Sterling to respond in any great fashion to today's construction PMI. The Dollar retains its swagger but the Euro should be better supported now that the Germans have settled their differences on migration.

July 3,2018

Dollar strength appears to be a feature at the beginning of both the new month and second half of 2018, however there will be more work today before the Greenback recovers the heavy losses suffered on Friday. We look at manufacturing data out of the UK, US and Eurozone for guidance while the Aussie Dollar faces a key RBA meeting tomorrow.

July 2,2018