Plenty of data around today as we head towards the weekend.

The USD weakened overnight, allowing paired currencies to climb. The EUR/USD opened at $1.15786 and lifted to $1.16076 early in the session. The pair took a turn for the worse as it tumbled to a low of $1.15417 mid-session. Just as things were looking bad for the euro, it surged to a high of $1.16394. Although it was not able to hold onto that high, it is not far off it, the pair currently trading at $1.16328. The GBP/USD surged overnight as both UK and German governments dropped key Brexit demands, therefore making a Brexit deal more likely. The pair opened at $1.28507, remained flat early and then dropped to a low of $1.27841. It staged a remarkable turnaround as the Brexit news broke, rallying almost two cents as the pound peaked at $1.29818. It was not able to hold onto those lofty heights, pulling back to just above $1.29. It is currently trading at $1.29132.

The Dow went on another roller coaster ride overnight, after opening at 25,975.88. The index remained flat early, then tumbled to lows of 25,830.19 mid-session. It stayed near those lows for a few hours before climbing again, reaching a late high of 26,015.44. It has come off those highs and is currently trading at 25,944.70. The Dax continues to disappoint, closing lower overnight. The index opened at a high of 12,181.60 before sliding for most of the session. The Dax closed at 12,059.90.

The day ahead contains plenty of data releases, headlined by the ADP Non-Farm Employment Change figure. This employment-related figure can sometimes be a good indicator of the US government’s NFP figure that is released tomorrow. Other data set for release today includes:

NZ – RBNZ Governor Adrian Orr speaks

Australia – Trade Balance, AIG Construction Index

Canada – Building Permits, Governing Council Member Carolyn Wilkins speaks

Europe – Swiss GDP, German Factory Orders, SNB Governing Board Member Fritz Zurbrugg speaks

US – ISM Non-Manufacturing PMI, Challenger Job Cuts, Revised Non-Farm Productivity & Unit Labour Costs, Unemployment Claims, Final Services PMI, Factory Orders, Natural Gas Storage, Crude Oil Inventories

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