GBP gets a slap on the electronic market open

Sunday 02.09.2018 FX opening rates

If it got lost in the rest of the weekend press, here’s Barnier’s comment again on May’s Chequer program. GBP opens 0.3% weaker as the market gets underway.
The Cad’s also a bit weaker after Trump’s bellicose rant on Saturday, again putting the pressure on Canada. Not overly sure but the 1.3080/00 USDCAD is a nice cap. I am small short from Friday at 1.3073, will keep it for a bit to monitor the reaction at 1.3100 if seen
Here’s the rest for your enjoyment

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

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