The dollar tumbles down to major currencies, but adds to RUB, ZAR, as the markets expect even more aggressive easing from the Fed, expecting less active action from other central banks. AUD and NZD stand out among those growing against the dollar – sales pressure is not as intense in Asia as in Europe and the USA.
Gold is storming this year highs near 1690, adding 0.8%.
Brent collapsed to $ 47.5, to 2.5-year lows amid difficult negotiations between OPEC and Russia.
Important events, GMT (Exp.):
13:30 US !!! Non-Farm Employment, Feb ( 185K)
13:30 Ca !!! Employment Change, Feb ( 10K)
All !!! OPEC-JMMC Meetings