Morning All,
After watching the pound to euros exchange rate get kicked in the nuts today we have the US payroll figures.
The Pound to US Dollar exchange rate did make me smile with it finally getting back above 1.6750, the question is can it go higher – we are hoping that cable will now have the gumption to get back to trading 1.7000 and beyond (feeling a bit like Buzz Lightyear saying that!).
So now all eyes will be on Bloomberg at 1.30pm to see what is happening in the US and the fate of the pound.
(Also we have the unemployment numbers in Canada – which could be the more interesting number.)
Happy Forex Trading