EUR/USD

The EUR/USD pair declined to 1.1598 during the Asian session. Today, the macroeconomic calendar of euro area lacks important releases, so the movement of the rate will depend on the news from the US. At 15:45 (GMT+2), Markit Manufacturing PMI is expected to be published in the US, and at 16:00 (GMT+2) ISM Manufacturing PMI and ISM Prices Paid indices will be published.

GBP/USD

The rate of the GBP/USD pair demonstrates negative dynamics and tested the level of 1.2855 during the Asian session. The pound is under pressure from yesterday's poor data on the UK Markit Manufacturing PMI. Additional pressure on the British currency is provided by news about the unsuccessful round of negotiations on Brexit. EU representative Michel Barnier rejected the plan of British Prime Minister Theresa May to control the movement of goods on the borders of Great Britain. According to the European official, the plan of the British Prime Minister is not worked out and can promote fraud. Due to the absence of macroeconomic releases from the UK, the movement of the pair's exchange rate will be affected by US statistics.

USD/JPY

The USD/JPY pair today rose to 111.23 during the Asian session. Investors are waiting for today's publication of statistics from the US on Manufacturing PMI (16:00 GMT+2).

AUD/USD

Quotes of the pair AUD/USD rose to 0.7232 during the Asian session. The RBA left the interest rate unchanged at 1.5%. The rate statement of the RBA was mostly positive: the regulator expects inflation to accelerate in 2019 and 2020, wage growth rates accelerate, positive trends remain at the labor market, and unemployment will drop to 5% within the next two years. Of the relatively negative points, a slowdown in the pace of housing lending was noted against a background of lower investment demand.

Investors accepted the accompanying statement of the regulator positively. Against this background, the rate of the instrument rose to 0.7230.

Gold

Quotes of gold fell to 1198.13 amid a general strengthening of the US dollar observed at the end of the Asian session.

Morning Market Review

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