Markets are awaiting the release of the minutes of the Fed's latest meeting to get more information on the monetary policy outlook. The Fed had kept interest rates unchanged at the August 1 meeting as widely expected, and indicated it would raise interest rates two more times this year.
The weakness of the US Dollar continued as a result of Trump's comments expressing his dissatisfaction with raising interest rates. The Dollar index hit its lowest level since 9 August at 95.08 in today's trading and is approaching an uptrend line over the daily chart.
The market has returned to the attention of Brexit again, with conflicting reports on the deadline for an informal meeting between officials on both sides to agree on future trade relations, amid expectations of an emergency summit in November to finalize the terms of Britain's departure.
Sterling fell today from its highest level since August 8 at 1.2924, and is currently trading at the 1.2888 levels.
The euro continued to rise for the fifth day in a row to its highest level since Aug. 9 at 1.16 as the markets await the news of China-US trade talks and the Fed's minutes.
