Forex Today: It is expected to soften his cash attitude

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The American dollar continued the slide on Wednesday, again testing the multi -day minima in relation to peers among constant discovery of position and persistent uncertainty about Trump’s commercial policy.

Here’s what you need to know on Thursday, February 6:

The American dollar index (DXY) has fallen for the third day in a row, expanding the distribution of support of 108.00 aid with lower yields around the world and an intense risk mood. The usual initial unemployed claims are due, along with the reduction of jobs and advanced costs of individual work. In addition, Jefferson, Waller and Dala from the Fed are to speak.

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EUR/USD increased to three -day peaks and tried to consolidate the recent 1,0400 barrier. HCOB Construction PMI is to be in the euro area and Germany, supported by factory orders in Germany and retail sales in the block. In addition, Nagel ECB is expected to speak.

Another solid day meant that GBP/USD was promoted to a three -week maxima minista 1.2500 in response to the further weakening of the injury of the American dollar. Gathering Boe will take a central place, supported by S&P Global Construction PMI and the speech of Governor Bailey.

USD/JPy weakened and tested the 200-day SMA near the zone 152.50 among the additional recognition of Japanese Jen. The weekly data on investment in foreign bonds will be published whether Tamura Boj will also speak.

Aud/USD increased to multi -day peaks, expanding the weekly reflection to the limits of the key barrier 0.6300. The balance of trade results for December will be in the spotlight.

WTI prices resumed their inheritance trend, quickly leaving a growth on Tuesday and focus on a key result of $ 70.00 for a barrel among uncertainty tariffs.

Gold prices increased to the peak of all time, nearly USD 2880 per ounce of Troy at the back of unthreatening demand for marina and further sales pressure in Greenback. Silver prices withdrew slightly after reaching three months around USD 32.50 per ounce.

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