– USD leads, GBP lags on the day
– European equities higher; S&P 500 futures up 0.1%
The rangebound trading in cable looks to be breaking now as the dollar climbs across the board going into the North American session.
Elsewhere, the dollar is holding decent gains with GBP/USD testing near-term support at 1.4073 once again while AUD/USD continues to flirt with a heavier drop below 0.7700.
That’s good news and it confirms the earlier report. Whether or not it will last the five years is perhaps a different question.
She says that:
„This meeting has started with a breakthrough on aircraft. This really opens a new chapter in our relationship because we move from litigation to cooperation – after 17 years of dispute.“
Well, the report earlier suggested that it is a mere temporary resolution but still, I guess that is better