European Central Bank President Mario Draghi is trying to tackle the weakest inflation in almost five years amid signs that powerhouse Germany is now faltering.
Light Crude Oil ends trading day above $81.30 as 3 week's slump continues
Gold in touch with 1250 price level as resistance nears, correction likely to end on technicals
Yen returns to high of September 8th against the U.S dollar as technical support looms.
AUD/USD forms higher lows at support as 0.885 is retested during the U.S session yesterday.
Cable retests 1.606 resistance as USD buyers exit on back of falling retail sales figures.
EUR/USD regains strength momentarily as Retail Sales in U.S fell below expectations.
Oil hits technical low of 81.28 as supply continues to outstrip demand.
Inflation lowest in 5 years as the U.K braces itself for a longer journey towards higher interest rates. Unemployment data upcoming today as Cable attains November 2013 low of 1.59
German ZEW Economic Sentiment posted pessimism amongst institutional investors and analysts, EUR/USD resistance at 1.276.
Investors bet on lower oil prices increase as risk on oil producers increase as production rates continue
Gold demand revives as market's long term investors seek certainty, preferring safe haven commodities as the Fed remains cautious in its remarks for interest rate timeline.