HomeLive CommentsInto US session: Sterling pares gain on UK Conservative turmoil, CAD strong

Into US session: Sterling pares gain on UK Conservative turmoil, CAD strong

Entering into US session, Sterling pares back some of this week’s gain on news that three Conservative lawmakers quit the party. And expectation of Prime Minister Theresa May’s visit to Brussels is rather low. Though, New Zealand Dollar is the worst performing one today. Yen is also among weakest as weighed down by extending risk appetite. On the other hand, Canadian Dollar is the strongest one, followed by Swiss Franc. Focus will now turn to FOMC minutes.

Over the week, Sterling remains the strongest one despite today’s retreat. Canadian Dollar is the second strongest, followed by Swiss Franc. Yen is the weakest one followed by Kiwi and then Dollar.

In Europe, currently:

  • FTSE is up 0.17%.
  • DAX is up 0.37%.
  • CAC is up 0.27%.
  • Germany 10-year yield is down -0.0086 at 0.098.

Earlier in Asia:

  • Nikkei rose 0.60%.
  • Hong Kong HSI rose 1.01%.
  • China Shanghai SSE rose 0.20%.
  • Singapore Strait Times rose 0.57%.
  • Japan 10-year JGB yield dropped -0.0076 to -0.037.

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