There is no harm in being sometimes wrong - especially if one is promptly found out
The Single currency poked to a high of $1.1987 bolstered by the Fed's strong economic forecast and Powell's comments that it is too early to discuss tapering-off measures.
The Pound trading higher at $1.3936 ahead of the B.O.E policy meeting today despite Britain could see a significant reduction in the amount of COVID-19 vaccines available at the end of the month due to a cut in manufacturing supply.
The Japanese yen gained to 108.93 against the greenback as the Bank of Japan is expected to slightly widen its long-term interest rates band to allow the rates to move around the 0% target.
The Aussie gained rose to a two-week top of $0.7835, driven by an upbeat Australian jobs report earlier today.
The Rand pumped-up to 14.68 versus a weaker U.S dollar after the U.S. Fed pledged to keep interest rates near zero for years to come.
The dollar-rupee wobbled near its high at 40.70 selling, traumatized after recent BOM's intervention on Tuesday.
12:00 - EUR - ECB President Lagarde speaks
16:00 - GBP - BoE Interest rate decision
16:00 - GBP - BoE MPC Meeting Minutes