Important events today:

12:15 UTC – US: employment numbers change from ADP.

14:30 UTC – US: crude oil inventory data from the Department of Energy.

A mixed background is forming today. On the one hand, we can expect a decrease in quotations amid the growth of yields on long-term US government bonds, which will have a favorable impact on the value of the dollar. Ten-year securities tomorrow may close the month at the maximum level since 2009, which will be a strong psychological factor for investors.

On the other hand, we are seeing good demand in the oil market, which could support the pound as assets are correlated. The American Petroleum Institute reported a strong reduction in US storage inventories, which may accelerate the growth of oil quotations. In general, there is still strong demand for fuel in North America right now, as the automobile season ends only next week.

Recommendations: flat at 1.2590 -1.2660.