Markets Stayed Firm Amid Lack of Information

Forex News

Markets traded in a narrow range amid a lack of important events. Markets are waiting for the speech of the US Federal Reserve Chair Janet Yellen, and will also focus on the meeting of the Bank of Canada and data on the US CPI.

CPI data will be the key to the short-term direction of the US dollar. The euro remained stable. The Japanese yen traded lower, as the state of the currency is affected by regional geopolitical problems connected with North Korea.