US FX Handover 8 April 2019

Matt Weller
By :  ,  Head of Market Research

  • Brexit maneuvering continued apace, with reports suggesting that the EU may offer another short (2-3 month) extension to the UK on Wednesday to avoid the risk of a no-deal Brexit. Sterling finished the day in the middle of the major currency pack.
  • The US dollar went from first to worst among the major currencies during today’s US session, despite a lack of major headlines.
  • The Canadian dollar was the strongest major currency as a 2% rally in oil prices overshadowed weak Canadian housing data.

Related tags: Forex Forex

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