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Session Recap: Pound tumbles on dovish BoE vote, Euro follows

The dollar trades higher versus most competitors, with sterling losses leading the way on an unexpectedly dovish BOE vote. However, the greenback lost some of its shine after the latest string of US data boosted risk appetite among investors. Still, Wall Street indexes opened nearly flat and commodity currencies remain under pressure. Looking ahead, the minutes of the last FOMC minutes will be published at 19:00GMT although there shouldn’t be anything surprising in there after the statement came in fully as expected.
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EMU: Consumer Confidence (flash) improves slightly to -23.6 in February

The preliminary release of February consumer confidence was expected to improve slightly from -23.9 to -23.1 in the Eurozone. Actual data came in less attractive as it improved only to -23.6.
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