A whippy quid over the fix

Fix action sees the quick moves in the pound, euro and dollar

There's nothing like a near 50 pip move to go with your afternoon tea.

GBPUSD 15m chart

A similar sized move in EURUSD and USDJPY also. With the buck tied to bond yields right now, that's adding some extra pressure to the dollar as yields just easy a touch from their highs. 10's touched 2.48% but are back down to 2.47%.

If US bonds are signalling some positive anticipation for Trump tomorrow, US stocks aren't. The S&P is on it's lows, -6 points to 2265, the Dow is -53 at 19750 and the Nas is -12 at 5543.

European stocks are showing losses too as we head into the final straight of the day.

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