Everything that is behind us is pushing us forward.
The Shared currency extended losses to $1.1706 as heightened fears over the possibility of the rising number of coronavirus cases causing nationwide lockdowns in Europe weighed on sentiment and the risk-sensitive euro.
The Sterling weakened sharply to $1.2895 on concerns about the obstacles keeping the European Union and Britain from reaching a Brexit trade deal, ahead of UK PM Boris Johnson’s speech.
The Japanese yen held on gains at 105.22/dlr as investors are turning to safe-haven assets over ever surging number of global COVID-19 cases and the U.S. Congress’ continuous stall on passing the latest stimulus measures ahead of the Nov. 3 presidential election.
The Australian dollar was set for its worst weekly performance since late September as traders wager the country's central bank would ease monetary policy next month.
The South African rand weakened to 16.65 against the greenback as market participants digested an economic recovery plan focusing on infrastructure investment and job creation unveiled by President Cyril Ramaphosa.
The USD/MUR rose by 15 cents to 40.30(selling) following intervention from the central bank yesterday.
13:00 - EUR - CPI (YoY) (Sep)
16:30 - USD - Core Retail Sales (MoM) (Sep)
16:30 - USD - Retail Sales (MoM) (Sep)