Sterling is the best-performer today ahead of non-farm payrolls. GBP slipped early in Asia but has been climbing ever since. The yen is the worst performer today and GBP/JPY has climbed to 130.70 from 130.10.

The Australian and New Zealand dollars are also buoyant. AUD/USD is up to 1.0319 after edging below 1.03 early in Asia.

Overall, it’s a quiet market but the overnight moves are a bit larger than might be expected, given the holiday.