GBP: Sterling surged to a five-week high on Thursday, after lawmakers voted to prevent Prime Minister Boris Johnson taking the UK out of the EU without a deal on October 31st…
The pound rose as much as 0.8% to above 1.2350 against the US dollar; its highest since July 29th, building on Wednesday’s surge of 1.4% which is the biggest one day jump since March.
Furthermore, the government has announced that MPs will get another chance to vote for an early election on Monday.
Friday will see the Bill aimed to prevent a no-deal Brexit, which was approved by the House of Commons on Wednesday and will pass through the House of Lords and be complete.
Lastly, pressure is continuing to mount on Johnson, with 21 rebel MPs expelled from the conservative party this week.
13:30 – USD – Non-Farm Employment Change – Forecast at 160k from previous 164k
13:30 – USD – Unemployment rate – Unchanged at 3.7%
Source : ETFWorld.co.uk