The EUR is resisting pressure, as inflation pickup adds hopes for ECB changes. Oil trades are mixed on production cuts and increases.
The Dollar renews advances together with Oil, as investors seem to bet on worldwide economic expansion in 2017.
Drop in bond yields signals that the risk appetite is capped, while the Euro and Pound drop.
Long holidays fuel the appeal of safe heavens, as greenback drops.
The bullish signals from the FED, ECB and the rescue plan for troubled Italian lenders halted a sharp drop in the Eurozone bond yields.
US Dollar trades in green ahead of the FED, Pound surge on consumer inflation data.
On Tuesday, the gains of the 10-year Italian government bonds fell by 5 basis points to 1.96 percent. The expectations that the Italy won’t need an early election, together with the hope for the ECB support, helped to kerb the bonds selloff.
Oil tumbles ahead of OPEC talks in Vienna, as the Greenback is back on a growth track
ECB head Draghi noted that the timid inflation pace may force the bank to extend the QE. The Dollar resumes gains, as Oil stays near a three-week high thank to undecided OPEC.
Take a look at the economic events that impact your forex trading, and make the most of it.
The Dollar retreats ahead of Yellen, as Bank of Japan saves the global bond market from a further stagnation.
The USD renews peaks while the bond rout deepens. On the other side of the world, the upbeat Japan data eases pressure on BoJ.
Advance of the republican candidate bearish sentiments soar, meanwhile the Oil rout persists as OPEC outcome is unclear.
The British currency erased declines quickly as the governor squashed the hopes of those expecting a further stimulus. At the same time, the Oil prices tumbled and AUD rose immensely.
Yuan fell to its lowest level in six years against the US dollar after the People’s Bank sharply lowered the reference rate by 0.37% to a 6.7558 level