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…

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
JFD

JFD is a leading Group of Companies offering financial and investment services and activities.