On Thursday, European indices are traded under pressure amid an informative trading day.


Brent continued its selling bias on Wednesday. 


Bears gave up control on Wednesday. 


The US dollar came under fresh selling pressure and had to leave the 113.50 region. 


The GBP/USD pair bounced off the 1.3300 and jumped towards 1.3450. 


The euro had a positive day on Wednesday.

Weekly Outlook

Most Asian markets were slightly lower on Thursday following a key Federal Reserve interest rate hike in the US and as traders remain cautious ahead of new monetary meetings in the day.  

At Forex with the start of the American session, USD currency moved to some weakness, after data on consumer prices showed that the value of inflation was lower than analysts had expected.


The GBP/JPY pair moved to the red figures when sellers dragged the pound to the 151.50 region where the EMA50 blocked their way down.