The Bank of England will release its monetary policy summary and announce the interest rate on September 19, at 14:00 MT time.
US dollar index stands still as markets wait for Fed
On Tuesday, the evergreen buck stood above a recent three-year minimum versus a basket of key currencies, with market participants shifting their attention to Donald Trump's State of the Union speech as well as a Fed policy gathering for catalysts.
The evergreen buck went up 0.1% versus a basket of six crucial currencies hitting 89.430, having soared from a minimum of 88.43 reached the previous week, which is its weakest result since December 2014.
Market experts told that a renewed ascend in American bond revenues this week underpinned the evergreen buck. The US 10-year Treasury profits hit a maximum of 2.733% in Asia trade on Tuesday, which is the highest outcome since April 2014.
The common currency went down 0.1% being worth $1.2373, drifting away from a three-year maximum of $1.2538 demonstrated the previous week.
Against the Japanese yen, the US currency went down 0.2% hitting 108.78 yen.
We've got some positive news for the British pound and we are awaiting the release of the core retail sales for Canada at 15:30 MT.
The tweet by Iran's foreign minister increased the possibility of tensions in the region. It pushed the oil prices up.
The European trading session will be highlighted by the events for the British pound. Traders will pay special attention to the BOE meeting at 14:00 MT.