Forex news for the European morning trading session 2 Nov 2017



A steady session understandably with markets not relishing a fight to second guess the Non Farm Payrolls report at 12.30 GMT

A case of general USD demand initially that saw USDJPY back up through 114.00 and GBPUSD down to 1.3038 and EURUSD 1.1638 but we've since seen a delayed upbeat to GBP after mixed services PMI ( strong headline, soft detail) that has seen 1.3096 and 0.8892 so far.

AUDUSD, NZDUSD and USDCAD all trading tightly as is USDCHF and EURCHF

Large option contracts also in play again today.

A raft of data at 12.30 inc US NFPs in catching the eye and poised to liven things up.