Pound trims down declines bouncing off the 1.24 level. It is mainly upheld by investors beliefs that the final design of Brexit won’t slow the deep dissensions with the European government.
The US Dollar gained bidding momentum on the Trump pledged to unveil a complete overhaul of taxation system within the next couple of weeks.
Bank of Japan leaves key rates unchanged, Trump fires acting AG on disobedience.
Dollar bears retreat on profit taking, as the currency index has dipped below 100 level with the support of Asian traders on Tuesday.
Long holidays fuel the appeal of safe heavens, as greenback drops.
The US Dollar retreats on profit taking, as Oil renew advances when production cut fuel prices growth.
The European currency staged a rebound after surrendering to the pressure from Dollar, sending the currency to a 13-years low.
Oil soars as the Non-OPEC countries cut the output. Commodity producers are on a roll as the stocks surged on the deal. JPY extend declines ahead of a rate hike.
The oil exporting OPEC and non-OPEC countries had a meeting in Vienna on the 11th December.
ECB extends the period for recovery, stocks and Dollar are up, Euro is down.
Euro, equities rise as all eyes on ECB, Oil gains.
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 breaks the next record, Euro pares declines after Renzi defeat. The US Dollar, on the other had, sees declines.
Commodity sector is at the lead to OPEC deal.
OPEC strikes the deal sending prices to a new powerful rally. The Dollar declines, as the focus is on the equities of the energy sector.