ForexLive European FX news wrap: Pound in retreat once again.Yen demand dominating the landscape

Author: Mike Paterson | Category: News

Forex news from the European trading session - 9 February 2018

News:
Data:
Wobbly times still with equities on the back foot but US futures making a few gains. Yen demand prevailing and GBPJPY supply has helped push the pound down with comments from Barnier providing another slap to help GBPUSD  down to fresh session/recent lows.

Here's your p/a summary:
  • GBPUSD failing around 1.3980 and falling to 1.3800
  • EURGBP holding 0.8780 and rallying to 0.8872
  • GBPJPY straight falls from 152.80 to 150.10
  • EURUSD down to 1.2230 from 1.2280
  • USDJPY up to 109.30 from 108.90 then down to 108.80
  • AUDUSD up to 0.7800 from 0.7775 then back to 0.7780. Large option interest at 0.7800
  • USDCAD up to 1.2621 from 1.2590. Jobs data at 13.30 GMT in focus
  • NZDUSD up to 0.7235 from 0.7200
  • Bitcoin ranging 8000-8500
Data coming up: