A reasonably subdued trading session for major currencies with little tier-1 data for markets to get excited about. Dollar started strong but has given back some of its gains.
The Euro is marginally up against Sterling after Bundesbank President Weidmann said markets were not unrealistic in expecting the first ECB rate hike in mid-2019. Nothing new for the notoriously hawkish Weidmann and markets are seemingly taking his statement with a pinch of salt with their focus more firmly on whether Federal Reserve may still hike rates four times this year.
