Monday 5th November 2018

Good morning


GBP/EUR opened up at just over 1.14 with GBP/USD at 1.2990 this morning, slightly of its 2-week high of 1.3040 on Friday.


EU Business Confidence was at its lowest level since 2012 with Manufacturing also below market expectations, adding pressure to the euro across the board.


This week we have Interest Rate decisions from Australia (Tuesday), New Zealand (Wednesday) and the US (Thursday).


Have a great week.