Today is same as expected, it’s Friday ahead of long weekend in US and Canada’s has already begun.
Market is very quiet, was looking to enter GBP/JPY when it can retrace to correct level, and that didn’t happen.
Then buying power went in for AUD & NZD, no significant reason, but it seems that market are trying hard to disregard all the turmoil in Brexit. Everything regains, and people are buying high yield currencies of AUD & NZD again.
Next week AUD will have cash rate coming out which expected to be hold, cut possibility is always there but seems we don’t have any new inflation datas to guide us, i’m leaning toward hold.
If so, I think that might be a main trade next week for me to grab some pips. Of course the opposite one will be GBP.
ok have a good weekend/long weekend.