Forex market’s tensions accelerated by stances of central banks

The U. S. dollar ended the trading session with mixed performance. It is particularly stronger against European rivals. EUR/USD pair is down to the lower end of its weekly range, trading in the 1.1590 price zone.

GBP/USD settled around 1.3760. The pair received additional pressure from comments by European Commissioner for the Internal Market Thierry Breton, who said on Tuesday that Brexit has led to an economic catastrophe for Britain.

The U. S. CB Consumer Confidence also unexpectedly bounced in October, at 113.8 from an upwardly revised 109.8.

Australia will publish Q3 inflation data on Wednesday, although expectations point to easing price pressures.

The Bank of Canada is having a decision on monetary policy on Wednesday, with the Bank of Japan and the European Central Bank set to announce their decisions on Thursday. The Canadian central bank is expected to taper anticipating the Federal Reserve.