US Retail Sales fell more than expected echoing with the US Federal Reserve Chair Jerome Powell comments on the unknown impact of the recent outbreak of the coronavirus on the economy.
As per the latest updates, New Zealand marked four covid cases linked to the first one found in Auckland on Tuesday whereas Australia’s New South Wales report all-time high covid cases, propelling the national count to the fresh top since August 2020.
Looking forward, covid updates and central bankers’ moves will be the key ahead of the FOMC minutes.
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GBP/USD seesaws around 1.3740 amid a sluggish early Asian session on Wednesday, after dropping the most since June the previous day.
Gold picks up bids to refresh intraday high around $1,789, up 0.13% on a day during early Wednesday.
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