In the midst of the European trading session, the UK services business release for April will be released. Inasmuch as it is the service sector that accounts for 2/3 of British GDP, this indicator is always closely monitored by investors. Insofar as this report was formed before April 15, it may slightly disappoint market participants due to negative news on vaccination of the population in the United Kingdom, which may cause a slight decrease in the pound.

On the other hand, in the London interbank lending market the three-month benchmark dollar LIBOR rate has renewed its historical minimum, indicating a substantial surplus of dollar liquidity in the financial system. During such periods, the US dollar declines.

Investment idea: flat 1.3790 – 1.3885.