FX markets are relatively quiet with limited movement across all of the G10 currencies as we head into Wednesday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $68.72 per barrel, down from Tuesday’s close at $68.91.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $71.56 after its previous daily close at $71.75.
The Japanese Yen (JPY) edges higher against the retreating US Dollar (USD) during the Asian session on Wednesday and moves away from a one-week low touched the previous day.