Session Recap: Market on Dollar pro-risk mode

With a risk appetite boosted by upbeat data from the services PMI prints and the US stocks market in a 'sea of green', the USD is trading firm against its major competitors. While the EUR/USD remains pegged at the 1.3030 area, the GBP/USD's recovery has been capped at 1.5200 and launched to the 1.5100 zone.

The USD/JPY has been unable to trada above the 93.50 and the AUD/USD tested levels above the 1.0250. Major crosses remain well within their recent ranges as investors hold a cautious mood ahead of the ECB and BoE decisions and the so-awaited NFP report.

American equity markets surge Tuesday

US: ISM Non-Manufacturing PMI surprises by rising to 56.0 in February

Troika to suggest loan extension options for Ireland and Portugal and resume aid talks with Cyprus

Forex: GBP/USD drops on US ISM non-manufacturing PMI

Forex: EUR/USD hits daily low after ISM

Fundamental Afternoon Wrap: Euro PMIs and Central Bank meets in focus

Forex: USD/JPY testing session highs on better US ISM

Forex: USD/CAD extends recovery to 1.0290

Euro hovers over 1.3000, but for how long?

Forex: GBP/USD threatens 1.5100

Forex: AUD/USD remains capped by 1.0250

US markets back to pre-crisis levels, dollar in red