Currencies generally steady with the US jobs report to come later today
The pound is slightly underpinned on Brexit headlines as the BBC reports that the EU could offer the UK a 12-month Brexit extension, conditional on approval by European leaders next week. At this rate, you'd imagine this Brexit saga is going to drag on perpetually. If politicians are able to drag this on for another year, there's no reason why they can't for another two, three, four, etc years.
Meanwhile, the aussie gained earlier on in the day after Chinese president Xi spoke about substantial trade progress in talks with the US. That said, the trading range for AUD/USD remains narrow (19 pips) but the aussie is holding at the highs near 0.7127 currently.
Other major currencies are relatively subdued despite slightly more positive risk tones. It's the typical case of the pre-NFP lull as traders are keeping an eye on the release later today before making any big moves.
EUR/USD sits in a 10 pips range between 1.1219 and 1.1229, so that should give you a good indication for how the rest of the market has been trading to start the day.
