Forex: EUR/USD back at highs after EMU current account
The EUR/USD is back to its highs after retracing its gains on the European opening down to 1.2882 opening price. The pair bounced since the release of EMU current account and is trying to extend gains above 1.2915/20
Forex: GBP/USD around 1.5150 ahead of UK Budget Report
The GBP/USD rallied as investors priced in the actual voting process and opinions of the MPC in the BoE March meeting minutes. The pair jumped from 1.5030 to the 1.5150 area. However, volatility might not be over yet, as the UK budget report is still to come, at 12.30 GMT.