Page 48 - Urrencies News Today

Romania is set to sell $4 billion of 5Y and 10Y USD-denominated bonds.

In Wednesday's session, the EUR/GBP pair was trading at 0.8549, reflecting a mild losses but recovered after hitting a low of 0.8535 earlier in the session, it lowest level since September.

The surprising intense sell-off in the greenback allowed EUR/USD to leave behind part of the recent weakness and refocus on the upside, surpassing the 1.0900 hurdle to print new multi-day highs.

On Wednesday's session, the AUD/JPY finds itself trading near the 97.12 mark, registering a 0.45% decline.

The US Dollar (USD), as expressed by the DXY Index, faced downward pressure falling towards 103.05.

A review of things you need to know before you sign off on Tuesday; Service sector slips into contraction, DTIs coming, Fitch pares some ratings, farmer spending plans on hold, swaps unchanged, NZD falls, & more

The EUR/USD waffled on Monday, drifting down into the 1.0880 region as markets pivot ahead of a slew of central bank rate calls this week, with the European Central Bank (ECB) in particular focus for their monetary policy statement slated for Thursday.

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1117 as compared to the previous day's fix of 7.1105 and 7.2033 Reuters estimates.

The EUR/USD pair struggles to gain any meaningful traction during the Asian session on Tuesday and oscillates in a narrow trading band below the 1.0900 round-figure mark.

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