Do more of what works and less of what doesn't
The Single currency dropped to $1.2100 on European Union, and Drugmakers spat over delays to Covid-19 vaccines supply, market eyeing German GDP data scheduled later today.
The Cable stabilized near $1.3700 on Britain's relatively high vaccination rate, which supported the pound.
The Japanese Yen flipped into negative territory to 104.46 against the U.S dollar as risk-off mood favoured demand for the safe-haven U.S dollar.
The Aussie dollar drizzled to $0.7648 undermined by a sharp fall in iron ore prices, as Beijing talked about restraining steel production this year.
South African rand descended to 15.23 against the greenback after the International Monetary Fund (IMF) said that coronavirus has hit South Africa's already ailing economy hard and power cuts by state-owned utility Eskom will likely make things worse.
The dollar-rupee spiked by 10 cents to 40.05 (selling) after Bank of Mauritius popped into the domestic market on Wednesday and sold a total amount of USD25.0 million.
12:55 - EUR - German Unemployment Change (Jan)
13:00 - EUR - German GDP (QoQ) (Q4)
17:30 - CAD - GDP (MoM) (Nov)
19:00 - USD - Pending Home Sales (MoM) (Dec)