Trading plan for UK Parliamentary Elections on 08/06/2017:
Chinese and Japanese data disappointed overnight. The disappointment with the macroeconomic data has contributed to the temporary weakness of the Japanese yen, which is currently the leader in the G10 (0.4%). The weakness of the US dollar is not used by its counterparts from Australia (0.0%) and Canada (0.0%). The Pound Sterling (0.0%) is also a relatively stable part of the session, which remains at 1.2960 early in the European session. On Thursday 8th of June, the event calendar is busy with important macroeconomic data, but there are only two events that really matter today: ECB interest rate decision and press conference and the parliamentary elections in the United Kingdom.