All awaiting the US PCE data later today
The market moves so far today have been tentative at best. While the dollar has pared most of its advance against some major currencies, it is still holding slight gains against commodity currencies at the moment – though nothing too significant.
With Monday being a holiday in London and US, we could see some positioning plays come into action – not to forget month-end trading as well.
All of that put together could make for a more messy and tricky end to the week.