The dollar traded mostly lower versus majors following a move into riskier assets as investors look ahead towards the trade agreement between the US and China. Most FX markets traded in narrow ranges with very little market moving news on the agenda, ahead of the NFP numbers tomorrow afternoon. EU and US equity markets traded higher for the third day in a row this week reaching fresh new 2019 highs, that’s ahead of the beginning of US earnings season next week and NFP tomorrow. Metals traded mostly sideways on a flat dollar while OIL reversed from 2019 highs to close at 62.52$ per barrel after a higher than expected inventories build in the US that offset the effect of global markets positive sentiment and the OPEC production cuts.
There is no important news on the agenda Thursday. (all times GMT).
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