Oil pulls back after big jump on U.S. crude stock draw – RTRS
Dollar off overnight highs, on track for weekly losses – RTRS
China's Aug inflation trends point to stabilizing economy – RTRS
Asian shares slip on North Korea nuclear test reports, ECB disappointment – RTRS
The Euro is back to where it was before the ECB meeting as the central bank did not reveal a lot of new information. EUR/USD briefly rallied to 1.1330 as the ECB decided to keep rates and the size & duration of their QE programme unchanged, but it quickly reversed and eventually fell back to 1.1240 into the NY close. In Asia, the pair recovered and rose to a high of 1.1285.
GBP/USD bounced along with the Euro and rose to a high of 1.3335. The Pound remains resilient overall, as recent UK economic data has been better than expected by many market participants.
The Yen gained overnight, as news of a North Korea nuclear test led to a slight risk-off sentiment in markets. USD/JPY declined from 102.50 in the early Asian session to a low of 102.00.
Commodity currencies are almost unchanged on the day. AUD/USD traded in a 0.7635-55 range overnight, while NZD/USD consolidated between 0.7390 and 0.7410.
The main events today will be UK trade data at 09:30 BST and Canadian employment data at 13:30 BST.