Currency Update

Post-FOMC recovery remains capped by 1.3500

Headlines
  • Cable: Post-FOMC recovery remains capped by 1.3500
  • EUR/USD drops sharply to 1.1860 after FOMC meeting
  • Dollar Climbs Against Other Majors on Fed Statement
  • PBOC Sets Yuan Parity At 6.5867 Vs Dollar, weakest since Sept. 1
GBPUSD 1.3492 GBPEUR 1.1330 EURUSD 1.1908 USDCAD 1.2332 GBPINR 87.3 GBPAUD 1.6941 GBPAED 4.956 Pound
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Market eyes Brexit speech

Headlines
  • Brexit worries remain as markets focus on PM May's Friday speech
  • Euro recovers after dip on disagreement on when QE should end
  • Dollar edges up against a basket of currencies
  • Trump to UN: Rocket Man is on a suicide mission 
GBPUSD 1.3520 GBPEUR 1.1261 EURUSD 1.2006 USDCAD 1.2272 GBPINR 86.96…
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Market eyes key Brexit Speech

Headlines
  • May gives update on Brexit negotiations on Friday
  • German ZEW survey headlines an otherwise quiet day
  • Dollar steady ahead of tomorrow's FOMC announcement
  • Canadian falls following BOC deputy governor's remarks
GBPUSD 1.3539 GBPEUR 1.1290 EURUSD 1.1992 USDCAD 1.2285 GBPINR 86.91 GBPAUD 1.6957 GBPAED 4.9748 Pound
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GBP retreats from 15 month highs, market eyes Carney speech

Headlines
  • GBP retreats from 15 month highs, market eyes Carney speech
  • May to speak on Brexit this Friday
  • Market eyeing Fed signal
  • HSBC no longer see GBPEUR parity
GBPUSD 1.3545 GBPEUR 1.1361 EURUSD 1.1921 USDCAD 1.2197 GBPINR 86.77 GBPAUD 1.6923 GBPAED 4.975 Pound
  • (Reuters) Sterling hit a 15-month high against the dollar on…
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