GBP The Main Loser, AUD Slides Ahead of Australia’s Jobs Data

Risk appetite improved somewhat yesterday, perhaps due to US President Trump softening his rhetoric around the US-China trade saga. In the FX world, SEK was the biggest gainer following Sweden’s better-than-expected inflation data for April, while GBP was the main loser, staying under selling interest due to the increased uncertainty surrounding the UK political landscape. The Aussie was also among the losers, with its traders waiting for Australia’s jobs data, due out during the Asian morning Thursday. Ahead of that though, the spotlight is likely to…