US Open Preview– Dollar stretches losses ahead of Fed meeting; Trump’s State of Union speech in focus

Here are the latest developments in global markets: Forex: The Euro erased earlier losses against the dollar, bouncing up to an intra-day high of $1.2423 (+0.22%) after Eurostat revised upwards GDP growth readings for the third quarter. Sterling managed to rebound to $1.4111 (+0.38%) after reaching a one-week low at 1.3979 during the Asian session. […]