XE Market Analysis: Sterling Rises Higher as PM May Hopes to Win Over EU Leaders

OVERVIEW

  • British PM Theresa May to head to Brussels to press EU leaders on Brexit separation deal amendments. Hope springs eternal that no-deal Brexit remains unlikely.  
  • There are better-than-expected job gains and expectations the Fed will leave interest rates alone out of their meetings this week. These sentiments are lifting the greenback in today’s trading. 
  • Japanese retail numbers rise, but consumer confidence sinks lower, taking JPY with it. 

HIGHLIGHT