The recovery attempt in the US Dollar is now prompting GBP/USD to give away part of the earlier advance past 1.2800 the figure and recedes to the mid-1.2700s in a context still widely favourable to the risk complex.
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Editors’ Picks
EUR/USD off highs, back to the 1.1050 area ahead of Fed Minutes
EUR/USD keeps its bullish stance well in place, adding to Tuesday's uptick and retesting the vicinity of the 1.1100 neighbourhood on the back of the intense sell-off in the Greenback, all amid steady concerns over the impact of the China-US trade war.
UPCOMING CALENDAR EVENTS
|
GMT
|
Event
|
Vol.
|
Actual
|
Consensus
|
Previous
|
|---|---|---|---|---|---|
| Wednesday, Apr 09 | |||||
| 14:30 |
|
2.553M
|
2.200M
|
6.165M
|
|
| 15:15 |
|
|
|
|
|
| 15:45 |
|
|
|
|
|
| 17:00 |
|
|
|
4.31%
|
|
| 18:00 |
USD
FOMC Minutes
|
|
|
|
|
| 23:01 |
|
|
8%
|
11%
|
|
| 23:50 |
|
|
3.1%
|
3.1%
|
|
| 23:50 |
|
|
0.2%
|
0.0%
|
|
| 23:50 |
|
|
3.9%
|
4.0%
|
|
| 23:50 |
|
|
|
¥-450.4B
|
|
| 23:50 |
|
|
|
¥-5.9B
|
|
| Thursday, Apr 10 | |||||
| 01:30 |
|
|
-0.2%
|
-0.2%
|
|
| 01:30 |
|
|
0.1%
|
-0.7%
|
|
| 01:30 |
|
|
-2.3%
|
-2.2%
|
|
| 08:00 |
|
|
-1.0%
|
3.2%
|
|
Editors’ Picks
Gold climbs further, retargets $3,100
Gold preserves its bullish momentum and approaches the $3,100 level per troy ounce on Wednesday, underpinned by the steady safe-haven demand in response to trade tensions between the US and China.
Fed Minutes to offer clues on rate cut outlook amid tariff uncertainty
The eagerly awaited minutes from the US Fed’s March 18-19 monetary policy meeting are set for release on Wednesday at 18:00 GMT. During the gathering, policymakers agreed to keep the Fed Funds Target Range (FFTR) unchanged at 4.25%-4.50%.
TRON DAO powers $1.2B in USDT exchange inflows, igniting stablecoin activity and on-chain volume
TRON DAO facilitates $1.2 billion in USDT exchange inflows over the past seven days as on-chain volume hits $72 billion. An increase in USDT exchange inflows suggests that traders are either preparing to buy the dip or could be covering long positions.