A significant USD’s decline on Wednesday was due to softer than expected comments from FED’s head Powell. However, some other events and releases influenced fluctuations as well.
Australian building data has shown a decrease in volumes in Q3 as compared to Q2. Final result declined for -2,8%. Second quarter’s growth was about 1,8%.
Germany released its consumer Confidence index. The indicator declined in the end of the year. Experts think that this was due to inflation growth and global economic uncertainty.
German Finance Minister has mentioned on Wednesday that he was for Eurozone reforms including changes in ESM stability fund.
ECB’s vice president has mentioned that the Eurozone has large scale growth. However, low productivity and high level of debts influence further increase.
The Bank of England has commented the Brexit situation. According to the officials, the reaction to Brexit will not be automatic meaning the organisations is going to analyze the situation and take appropriate measures.
The FED’s head Powell has given some comments on Wednesday which had a significant influence on USD.
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