Sterling Poised and USD Firm Here's Why
Created 10/22/2019 at 09:21AM
NZD and SEK are the top G10 FX gainers today, up 0.16% and 0.1% vs the dollar while CHF and GBP are the top losers, down -0.27% and -0.17% vs the dollar.
U.S. Dollar started to firm as the market was positive on a Sino-U.S trade deal. Euro was steady after hitting a two-month high versus the dollar as the market waited for a vote on the withdrawal agreement in the British Parliament. PM Boris Johnson now faces two key votes in the parliament on Tuesday; parliamentarians will vote at about 1800 GMT on Boris's Withdrawal Agreement Bill and then on the timetable for approving the legislation.
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