Monday 24th June 2019

Good morning


A quiet day data wise with GBP/EUR trading around a 1 cent range between 1.1188 and 1.1280.

GBP/USD has remains around 1.2750.


There are interest decisions from various Central Banks this week, mainly Hungary (Tuesday), Thailand and New Zealand (Wednesday) and Mexico (Thursday).


Interest Rate cuts in the US are being priced in for July (0.25%) and September (0.5%) – we shall have to wait and see…


Have a great week.