The EUR/USD down 0.2% and trading at around $1.2235 easing off its daily lows after the German ZEW index of investors sentiment rose above expectations to 20.4 in January.
- EUR/USD Forecast: stuck in range, waiting for ECB
- ECB Preview: Three things Draghi might do to bring Euro down
- Credit lending survey sugar-coats ECB ahead of policy meeting
- Pre-opening markets information
- Daily markets main events
- Major forex market movers
- Previous day macro summary
The USD/JPY is trading down 0.4% at around ¥110.50 against the US Dollar after the Bank of Japan decided to leave the monetary policy unchanged saying inflation is creeping towards the target.
The GBP/USD is trading down 0.5% at around $1.3920 after jumping as high as $1.4004 earlier on Wednesday, reaching the near-term target.
The last trading sessions have been testing the nerves of many traders that got into Cryptocurrencies during the first bearish steps and now are seeing how their positions are 30% down. We should not get frightened by the big ranges witnessed, as cryptos can have big moves in just a matter of hours. Cold-blooded traders with no fear will deal better with this kind of situation. Last week lows have not been breached in barely any major Cryptocurrency, with Monero being the one that is closer to the verge of breaking down. Let's check our price projections for some of the main cryptos.
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