Market performance suggests trading volumes are limited ahead of the Christmas holidays. The Dollar trades with a little change against other major currencies.
Euro, equities rise as all eyes on ECB, Oil gains.
Investors were rattled on Friday as the information surged that FBI resumes the probe of Hillary Clinton ten days prior to the US election after the leak of her emails were released.
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
According to Yellen’s speech on Friday in Boston the FED may be forced to create some “high pressure” in the economy to get over the blows, which curbed production.
Dollar made a U-turn after dipping to 97.50 level as the investors remain optimistic about the FED, gaining 0.38% during the London trading.
The OPEC members are close to reaching an agreement on the output freeze after a tough week on the market.