Bremain sentiment and lower EurGbp pushed GbpUsd to 1.4509. We saw some selling of Cable from regional prop accounts into this 1.45-handle.
EurUsd is locked between offers 1.1290 to 1.1305 and buy orders below 1.1220 to 1.1190. Sales of EurGbp has nudged the single currency from 1.1270’s to 1.1263 (yawn).
NzdUsd took out stops above 0.6880 – printed high 0.6889 and stayed bid thereafter.
The only pair that is holding steadily is UsdCad. We were about 1.2680 when Canadians went home – risk-off had the Loonie at 1.2663. Offers surround 1.2710 while bids buying lower end of 1.26’s. BOC Governor Poloz is speaking today in NY at the Canada-US Securities Summit. The event kicks off at 8.40am EST. FWIW, Canada’s Husky is selling partial mainstream assets to Hong Kong’s Cheung Kong Infrastructure for Cad1.7bn in cash.