The second session on the FOREX was particularly lacklustre, as traders seemed to be limiting their initiatives ahead of the FED’s ‘minutes’ expected this evening at 8pm.
The euro held up well, gaining +0.1% against the dollar to $1.0810 despite the German government’s drastic lowering of its GDP target to +0.2% from +1.3% last autumn.)
The Dollar Index remains totally stuck on the ‘104.1’ level for the second session running, the greenback’s rise against the yen (+0.2% to 150.3) offsetting its -0.2% decline against the Swiss franc below 0.8800, with the pound gaining 0.05%.
FOREX could come alive this Thursday with the preliminary results of S&P Global’s private sector purchasing managers’ surveys (PMI).
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