added 1% to hit a one-month high, and gave back only a fraction of that in early trade to hover around $0.6868.Investor focus now shifts to the looming trade deadline, Christine Lagarde’s first meeting at the helm of the ECB, and voting in the British election.
Lagarde is all but certain to keep money taps wide open, but investors will be curious to tune in to her first post-meeting press conference to seek clues about a broader policy revamp that could become the cornerstone of her tenure. The pound is priced for a Conservative majority that could control parliament and lead Britain out of the European Union at the end of January, and anything short of that could prompt a slide. The dollar's weakness helped SterlingVoting ends at 2200 GMT, with exit polls and early results likely to flow after that and traders expecting an outcome as early as 0300 GMT on Friday.
The Fed wanted to fade the NFP optimism to send a clear signal ' no chance of rate hike' in 2020 Dec 2018 casts a long shadow
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