The GBP/USD ended Monday’s session with loses of 0.13% as the Greenback staged a recovery, after US President Donald Trump tempered its rhetoric on China, over the weekend. At the time of writing, the pair trades at 1.3333 as the Tuesday’s Asian session begins.
The British Pound (GBP) is treading water against the Japanese Yen (JPY) on Monday, as investors weigh renewed political uncertainty in Japan against lingering fiscal and monetary headwinds in the United Kingdom (UK).
The Canadian labour market figures for September, published on Friday, came as a pleasant surprise. Instead of the expected 5,000 jobs, the Canadian economy created more than 60,000 jobs, led by full-time positions. At the same time, the unemployment rate fell despite a higher participation rate.