Risk-appetite ahead of positive economic data expectations

Article Image Source: Advanced Currency Markets |

G10 Advancers and Decliners vs USD
EUR 0.25
CHF 0.20
GBP 0.17
JPY 0.01
Expectations are growing stronger for an economic rebound with regards to US industrial production and EU consumer confidence which is increasing support for high-yielding currencies thus weakening the Dollar and the Yen against majority currencies. GBPUSD gained for a third day to highs of 1.6167 as BOE releases inflation report stating that consumer prices will rise at a faster pace which could…

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