XE Market Analysis: A Very Mixed Day Today for Currencies

OVERVIEW

  • Euro drops as ECB looks set to stick to its pledge on the QE program.
  • Sterling dips as UK inflation dropped to 3%. 
  • Bitcoin slumps up to 18% on regulatory crackdown rumors. 

HIGHLIGHT

There is nothing to highlight for today’s Currency Market Analysis!

US DOLLAR

The US Dollar has clawed back some of the ground lost towards the end of last week and beginning of this week. Some profit-taking and the weaker Euro can be blamed for most of the move.