A near empty calendar day beckons in European trading again ...Middle East

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The big news since overnight trading was US president Trump announcing that he will fire Fed governor Cook. That sent the dollar spiraling lower initially before traders mapped out the feasibility of Trump's decision. There will be legal hurdles to get through that could take some time but for now at best, Cook may be incapacitated in her position as Fed governor.

For today, it seems like it might be another quieter session as markets also calm down following the Trump drama. In Europe, things will only really heat up on Friday with inflation numbers to go alongside month-end flows. So, do be wary about that.

This article was written by Justin Low at investinglive.com.

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