The US Dollar (USD) ended another indecisive session trading near the top of its weekly range, as investors weighed the FOMC Minutes against fresh attacks from President Trump on the Federal Reserve, this time directed at Governor Lisa Cook.
The EUR/GBP cross loses traction to near 0.8620 during the early European session on Wednesday. The Pound Sterling (GBP) edges higher against the Euro (EUR) after the UK Consumer Price Index (CPI) inflation report.
The Japanese Yen (JPY) reverses a modest Asian session downtick led by mixed domestic data and turns positive for the second straight day against a firmer US Dollar (USD) on Wednesday. A government report showed that Japan’s core Machinery Orders unexpectedly rose in June.