151123 GBPUSD 3 Minute Chart
Bank of England Monetary Policy Committee member Jonathan Haskel is on the calendar to speak on Wednesday. Investors must consider views on wage growth, inflation, and monetary policy.
Later in the Wednesday session, US economic indicators will draw investor interest.
US retail sales and producer price numbers for October will be in focus. After the market reaction to the US CPI Report, sensitivity to the numbers will likely intensify.
However, investors must also monitor Fed speeches. FOMC member Michael Barr is on the calendar to speak. Reaction to recent US Reports will influence the appetite for the US dollar.