EUR/USD is sitting still near 1.1750 at press time, having suffered a 0.57% decline to 1.1743 on Tuesday – its biggest
single-day percentage decline since Aug. 19.
GBP/USD struggles for a clear direction around 1.2935 while heading into Wednesday’s London open.
Gold was up on Wednesday morning in Asia, as hopes that the latest U.S. stimulus measures would be passed by Congress
before the Nov. 3 presidential election, and a COVID-19 treatment would be launched quickly, were dashed.
Oil was down on Wednesday morning in Asia over ongoing concerns that fuel demand will continue to tumble as the number
of COVID-19 cases continues to rise in Europe.
*USD*: Core PPI m/m (Medium Impacted)
*USD*: PPI m/m (Medium Impacted)