Sterling was under pressure on Tuesday after UK inflation held steady in October. While this was a breath of fresh air for the BoE, it must be kept in mind that inflation still remains at five-year highs. Much attention will be directed towards top central bankers today as they make their way to Frankfurt. Investors will be on high alert as Yellen, Draghi, Carney, and Kuroda will all be on the scene. Any expected surprises could spark volatility across the board.

– The #EURUSD roared back to life with prices trading towards 1.1730
– #GBPUSD remains pressured below 1.3150
– #GOLD is struggled to break above $1280

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