EUR/USD has turned sideways above 1.0400 due to less trading activity amid Thanksgiving Day. Federal Reserve is set to ditch the 75 bps rate hike measure to safeguard the economy from financial risks. European Central Bank is bound to tighten policy further to slow down inflationary pressures. EUR/USD is likely to remain in the grip of bulls
USD/JPY bulls have steppe don the gas in Asia. DXY remains supported by barely out of the bear’s grip. USD/JPY is flat but overall bid vs. prior consolidative markets from overnight. The pair has but inching higher in a grind that has seen the biggest spike in the hourly time frame since the move. Volume is returning
USD/CAD is struggling around the immediate hurdle of 1.3340 amid an absence of a potential trigger. The market mood has turned quiet as the United States economy is celebrating Thanksgiving Day. A decline in oil prices led by rising Covid-19 infections in China has impacted the Canadian Dollar. The USD/CAD pair is displaying topsy-turvy moves
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