The EUR bulls regained poise in the European session, as the EUR/USD pair now extends its bullish momentum into a fourth day today, flirting with eight-day tops of 1.1358 ahead of the key FOMC January meeting minutes release.
The greenback sees modest progress against its European rivals, rather a consequence of speculative interest entering cautious mode ahead of May-Juncker meeting and FOMC's Minutes. GBP/USD flirts with daily lows in the 1.3020 price zone.
Japanese trade deficit hit its highest in five years amid Chinese economic slowdown. The Federal Reserve will release the Minutes of its latest meeting, expected to confirm the dovish flip.
