Forex Today: Major currency pairs hold steady ahead of US data

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Forex Today: Major currency pairs hold steady ahead of US data
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Here is what you need to know on Thursday, February 8: Major currency pairs fluctuate in relatively tight ranges in the second half of the week as investors' search for fresh catalysts continue.

Here is what you need to know on Thursday, February 8: Major currency pairs fluctuate in relatively tight ranges in the second half of the week as investors' search for fresh catalysts continue. Later in the session, the weekly Initial Jobless Claims and December Wholesale Inventories data will be featured in the US economic docket. Policymakers from the European Central Bank , the Bank of England and the Federal Reserve will be delivering speeches throughout the day.

78% -0.94% -0.51% -1.48% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR /JPY . EUR/USD registered modest gains for the second consecutive day on Wednesday.

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