By Robert Howard — Jul 03 - 02:48 AM
• Cable has traded a 44 pip range thus far Thursday; 1.3625-1.3669
• 1.3669 is also high since Wednesday's 1.3531 (lowest level since June 24)
• Drop to 1.3531 spurred by spike in gilt yields on Reeves tears at UK PMQs
• 1.3690 was Wednesday's Ldn am low, before PMQs (which began at midday BST)
• U.S. June jobs data due at 1230 GMT: NFP f/c 110k; jobless rate f/c 4.3%
• NFP miss/higher jobless rate could hurt USD (ADP data unexpectedly
negative)
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters