Search ForexCrunch

The dollar was sold off heavily on Tuesday but now we are seeing some profit taking. The pound awaits the jobs report after Carney’s Brexit warnings and the end of the Kuwaiti strike weighs on commodity currencies after their big achievements. For the Canadian dollar, another appearance by Poloz is eyed. ECB President Draghi will speak today but will probably maintain the tension ahead of tomorrow’s rate decision. Also watch out for new home sales in the US. Will housing disappoint again?

Wrap up of the  morning show for Wednesday, April 20th 2016: