I'm still learning, and over time I've learnt that I knew nothing when I was champ.
The single currency seesawed at $1.2120 amid market is waiting for fresh clues from Thursday's European Union summit. According to Reuters, a senior EU diplomat has said that the EU would bypass Hungary and Poland to set up the budget and recovery fund if the two nations do not drop their veto by Thursday.
Sterling surged to $1.3340 on Tuesday, clinging to hopes of a meeting between British Prime Minister Boris Johnston and European Commission President Ursula von der Leyen salvaging a Brexit trade deal.
The Japanese Yen sidelined at 104.04 against the U.S dollar, although concern at surging coronavirus cases in the United States tempered optimism about vaccinations and fiscal support for the U.S. economy.
The Australian dollar edged lower to $0.7032 following Aussie-China tussle are back in focus to combat vaccine.
The South African rand mounted to 15.16 against the greenback with investors luring back into risk assets by progress in COVID-19 vaccines and hopes of further stimulus in the United States.
The Mauritian rupee lingered at 40.30(selling) against the dollar on the domestic market.
14:00 - EUR - German ZEW Economic Sentiment (Dec)
16:00 - USD - EIA Short-Term Energy Outlook