EUR/USD is slightly higher than yesterday’s Asian close, AUD/USD is slightly lower and cable has shown impressive strength to close back at 1.5800. USD/JPY has moved higher along with US rates and USD/CHF is unchanged.
This all adds up to some action in the crosses with GBP the obvious winner and the AUD and JPY losing out. I expect this trend to continue.
Japanese GDP and Australian unemployment are the obvious risk events on the economic calendar.
Good luck today.