German business sentiment and U.S jobless claims are in focus later. COVID-19, geopolitics, and FED Chair Powell testimony will also influence.
The US dollar has broken above the ¥105 level, showing signs of resiliency. It suggests that we could go to go looking towards the 50 day EMA.
The British pound initially pulled back during the trading session on Wednesday, but it looks like we continue to see buyers just below.