US stocks managed to rebound and reverse early losses on Thursday after the recent FED meeting minutes raised concerns over the interest rates path.
On the other side, the US Dollar was slightly higher against a basket of major currencies.
Later today, investors await the latest inflation developments in the US as the PCE price index remains in focus. Moreover, forecasts are pointing to a rise in new home sales registered in January, the figures are seen at 620K compared to 616K previously.
In the meantime, personal spending is likely to rise from -0.2% to 1.3% while in Canada, traders will be waiting for the recent manufacturing sales data.
Looking now at the latest price action developments in the major currency pairs alongside gold.