Sterling briefly rallies on hopes for Irish backstop breakthrough

Brexit Delay Bitcoin Cryptocurrency

Brexit Delay Bitcoin Cryptocurrency

That's not a surprise, as we have so much drama when it comes to the Brexit.

On the flip side, any meaningful pullback now seems to find immediate support near the 1.3035 area, which is closely followed by the 1.30 handle and the 1.2980-75 region (200-DMA).

NZD may even be in for further weakness if upcoming United States inflation and Federal Reserve meeting minutes news impresses investors and dampens risk-sentiment. Manufacturing is now at its highest level since April 2008'.

We've had quite some chatter today about Brexit. The Pound to Euro (GBP/EUR) exchange rate is trading at levels of 1.1632.

While the Pound's movement has been limited on uncertainty over whether a Brexit will be delayed or not, the New Zealand Dollar has been unappealing recently.

The EU is seemingly set to offer Britain a delay until the end of the year which has been more or less priced into the Pound already, but this is keeping investors concerned about the long-term uncertainty that another Brexit delay would bring.

As a result, the Pound has been unable to benefit from this morning's stronger than expected United Kingdom growth data.

However, some analysts noted that growth uncertainties persisted and part of the stronger growth was due to Brexit stockpiling.

Pete Buttigieg to Mike Pence: 'Your Quarrel Is With My Creator'
Among those expressing indignation with Buttigieg was conservative commentator Ben Shapiro. "He said some things that are critical of my Christian faith and about me personally".

However, the report came amid other mixed U.S. ecostats, indicating that the United States economy may be being negatively impacted by slowing global growth.

Unconfirmed market rumor that Germany would consider a five-year backstop limit.

Investors have been selling the United States currency from its best levels since the end of last week, and due to a combination of risk-sentiment and anticipation for upcoming USA news the currency has remained unappealing.

For now, US Dollar investors are highly anticipating US data and Federal Reserve news due later today.

Against the euro, the pound strengthened 0.3 percent to 86.04 pence.

While British Prime Minister Theresa May was due to travel to Berlin and Paris on Tuesday ahead of Wednesday's European Union summit in Brussels, British lawmakers will hold a 90-minute debate on her proposal to delay Britain's European Union departure date to June 30 from April 12.

The EU's chief negotiator Michel Barnier said that the duration of the further postponement beyond the current date of April 12 would depend on the justification given by May.

US Dollar investors are anticipating this afternoon's US inflation rate results, which are expected to have improved slightly.

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