It's a real game of 2 halves for Sterling right now.
Against most Southern hemisphere currencies (AUD, NZD, JPY, CNH) the Pound is dominant.
This is cited as being caused by the Chinese interest rate cut yesterday.
The cut suggests China is having to take steps to bolster its economy, which has a knock on effect, especially to Australia who supplies China with many raw materials.
In the Northern hemisphere it's a different story.
Rates are slightly stagnant at the moment in a generally sideways pattern
Possibly the Eurozone consumer confidence reading out this afternoon could sway GBP/EUR.
Business news remains relatively thin today with speculation over humanoid robots becoming commonplace and the ongoing disruption caused by Crowdstrike.
EUR: 15:00 Consumer Confidence
As ever we look forward to keeping you in the loop and look out for our next update.
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