Try not to become a person of success, but rather try to become a person of value
The Shared currency got some reprieve from a 4-month low of $1.1703 to $1.1725 after the ECB President's Lagarde said the Central Bank wouldn't take its cues from the short-term economic moves. The market ignored an unexpected dropped in EZ core inflation rate to just 1% vs ECB's 2% ceiling.
The Pound rebounded to $1.3778 as sentiment remained sanguine about the U.K. pandemic and growth recoveries.
The Japanese Yen initially plunged to a one year low of 110.97 on Wednesday before backing off to 110.64 on a skewed 10-year Treasury yields spreads' dip.
The Loonie slightly gained to 1.2598 versus the U.S dollar after data showed the Canadian economy grew at a stronger pace than expected in January.
The Aussie dollar resumed decline near $0.7560 on unimpressive Australian data and downbeat Chinese Caixin manufacturing PMI for March.
Rand rallied to 14.78 versus the greenback, tracking gains in Emerging Markets' currencies amid record highs in the S&P 500, slightly lower Treasury yields and the U.S dollar's intraday setback.
The dollar-rupee firmed at 40.90(selling) this morning.
11:55 - EUR - German Manufacturing PMI (Mar)
12:30 - GBP - Manufacturing PMI (Mar)
16:30 - USD - Initial Jobless Claims
18:00 - USD - ISM Manufacturing PMI (Mar)