EUR/USD is exchanging at 1.3818 around 33 focuses after the US dollar kept on gainning on stronger information and the moving of pressures in the Ukraine. The euro fell Tuesday taking after German expansion assumes that fortify the view that the European Central Bank will need to grow jolt measures.
GBP/USD gained 10 points to trade at 1.6818 contrary to market expectations after GDP missed expectations but still printed well above the previous month. Traders are now sure that the Bank of England will begin to increase interest rates this year.
AUD/USD is trading at 0.9249 in the red this morning as traders wait for several major events this week, as there has nothing to affect the currency value except for continued worries about China after the IMF revised China’s growth for 2015 downwards.
USD/JPY is dead on its trading range at 102.49 ahead of the Bank of Japan decision. Although most believe that the Bank will sit tight at this meeting traders are hoping for some indication of if and when the bank is expecting to add additional stimulus and their evaluation of the current economic situation.
Gold gave up just over $4 to trade at 1294.80 ahead of the Fed decision as global sentiment shifted to a more risk on attitude as its seems that tensions in the Ukraine have petered out and the insignificant sanctions mounted by both the US and the EU had little effects on the markets.
GBP/USD gained 10 points to trade at 1.6818 contrary to market expectations after GDP missed expectations but still printed well above the previous month. Traders are now sure that the Bank of England will begin to increase interest rates this year.
AUD/USD is trading at 0.9249 in the red this morning as traders wait for several major events this week, as there has nothing to affect the currency value except for continued worries about China after the IMF revised China’s growth for 2015 downwards.
USD/JPY is dead on its trading range at 102.49 ahead of the Bank of Japan decision. Although most believe that the Bank will sit tight at this meeting traders are hoping for some indication of if and when the bank is expecting to add additional stimulus and their evaluation of the current economic situation.
Gold gave up just over $4 to trade at 1294.80 ahead of the Fed decision as global sentiment shifted to a more risk on attitude as its seems that tensions in the Ukraine have petered out and the insignificant sanctions mounted by both the US and the EU had little effects on the markets.