USD rallies as stock markets reach fresh all-time highs. GBP awaits CPI figures for direction, NZD extends gains to 4-week high
Tuesday 12 December
It is a rare day when Brexit doesn’t make the lead story on the front page of the major UK newspapers but that’s the situation this morning and one which will doubtless bring some relief in Downing Street. It has allowed the pound some respite, too, after yesterday’s fall, with GBP/USD trading broadly sideways in the Sydney session to open this morning in London around 1.3350.