EUR/USD climbed back above 1.2800 after being as low as 1.2764, while GBP/USD managed to regain the 1.4900 level.
However, the USD weakened sharply against the JPY and the AUD. USD/JPY was down 1.0% at 100.10, having been as low as 99.84 at one stage ahead of the BoJ decision. AUD/USD is back above 0.9200, recording a 0.4% gain on the day.
Main Headlines in Europe:
China trade numbers collapse on fake invoicing crackdown
Germany: Annual CPI at 1.8% in June
Moody's upgrades UK banking system outlook
ECB policymakers speak about EU crisis, forward guidance
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.