In forex success comes overnight but after several years of hard work
The Shared currency snapped back to $1.2225 as comments from U.S. Federal Reserve officials eased investors’ worries about runaway inflation in the U.S.
The Cable surged to $1.4174 as the U.K is gearing up for the final stage of re-opening despite the threat of the Indian covid-19.
The Japanese yen pinned near its highs at 108.70 as dovish comments from Fed speakers provided some backing for the view that any policy tightening is not happening any time soon.
The Aussie dollar shot up to $0.7751, boosted by a drop in U.S. yields and positive risk on the markets.
The Loonie gained traction to 1.2048 against the greenback pushed by a batch of improving domestic data, along with more evidence that the inoculation roll-out in Canada is keeping a high pace.
The South African rand extended gains to 13.89 against the U.S dollar after S&P Global rating agencies held the country's credit rating and outlook at current levels.
The local pair unbothered at 40.85(Selling) this morning.
12:00 - EUR - German Ifo Business Climate Index
14:00 - EUR - EU Leaders Summit
18:00 - USD - New Home Sales (Apr)
18:00 - USD - CB Consumer Confidence (May)