GBP/EUR and GBP/USD rates remain in a steady recovery mode. The data out yesterday generally matched what was predicted so there wasn't a huge amount of voliatlity.
EUR/USD remains under the spotlight and still close to parity. With little news scheduled today that's unlikely to change a huge amount.
The big oil companies continue to make headlines also with BP posting a £7.1 billion profit for the third quarter this year. That's more than double the profit they made in the same period last year.
It's a fairly quiet day for news today as eyes are moving towards Thursday when the Bank of England puts out its interest rate decision.
Today’s Economic Calendar
US: 14:00 Institute for Supply Management (ISM) Manufacturing Data
CAN: 22:30 Bank of Canada's Tiff Macklem Speech
CAN: 22:30 Bank of Canada's Carolyn Rogers Speech
As ever we look forward to keeping you in the loop and look out for our next update.
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