By Leigh Smith

This morning’s trading has so far been relatively stagnant, with very little movements for the Pound against both US and Canadian Dollars.

At 1.30pm this afternoon we have the US unemployment and non-farm payroll figures released. As you may be aware, analysts predictions are generally priced into the markets during the hours and days prior to the release, and the difference between the predicted figure and actual release is quite often massive. If this is the case this afternoon, as on previous occasions, we could see some large levels of volatility between GBP USD, GBP CAD and USD CAD exchange rates this afternoon.