The U.S. dollar’s recent appreciation appears to have stalled, fostering a recovery in risk assets amid renewed optimism regarding trade tariffs. Key events for Wednesday, April 9, include the release of the Federal Open Market Committee (FOMC) Minutes, which will be the primary focus. Secondary data releases encompass the weekly Mortgage Bankers Association (MBA) Mortgage Applications, Wholesale Inventories, and the Energy Information Administration’s (EIA) weekly U.S. crude oil inventories report. Furthermore, Federal Reserve Bank of Richmond President Thomas Barkin is scheduled to deliver a speech. The EUR/USD pair reversed a two-day losing streak, exhibiting upward momentum above the 1.0900 level, driven by improved risk sentiment. The final German Inflation Rate and Current Account figures are scheduled for release on April 11.
