The dollar traded higher versus majors as all investors look towards the upcoming G20 meeting on Saturday between US president Trump and the Chinese leader Xi Jinping. The dollar was strong across the board yesterday, trading higher for the fourth day in a row versus the Euro and will be challenging year highs next. Global equity markets traded in narrow ranges, EU markets moved lower while US markets traded higher on technology stocks leadership. Metals traded lower on a stronger dollar and Oil was flat ahead of the Inventories numbers set to be posted today in the afternoon.
US GDP at 2:30 pm, Oil Inventories at 3:30 pm and Fed Chair Powell speech at 6:00 pm are the important news on the agenda Wednesday.
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