Euro & GBP both declined against the Dollar on largely towards the FED Minutes released yesterday but there were few other reasons for the stronger dollar movement. Looking at the conomical data out-front Euro Consumer Price Index & GBP Consumer Price Index came negative resulting further boost to the Dollar strengthening. Also, Geo-Political tensions yet unresolved among Irish & UK Border, Sterling lost ground majorly on the back drop of EU Brexit Summit yet not indicating a clear future outlook of their Trade Arrangements with UK.
Today’s focus will be around US Jobless Claims reports but majorly the Geo-Political tensions is yet a mother of all evils in uncertainty globally. With EU Brexit Summit coming to an end we will be given a clear indication on their future projections for both UK & EU.