If you don't find a way to make money while you sleep, you will work until you die
The Shared currency dropped to $1.2194 as the U.S Federal Reserve is slowly but surely edging towards a discussion about tightening monetary policy, U.S. jobs and GDP data eyed.
The Cable slipped to $1.4117 on news that serious allegations were made by UK Prime Minister Boris Johnson’s close aide Dominic Cummings, who quit the Boris administration last November.
The Japanese yen dived to 109.08 against the U.S dollar as Japan slashed its economic outlook for the first time in three months, citing new weakness in private consumption and business conditions because of coronavirus emergency measures.
The Canadian dollar weakened to 1.2120 versus the greenback on Wednesday for a second day against its U.S. counterpart as oil prices fell and the greenback broadly climbed.
The Aussie dollar fell to $0.7747 following an uptick in the covid infections lead the Australian government to announce a seven-day lockdown in the second-largest state Victoria.
The South African rand raced to its firmest in 27 months at 13.75 on Wednesday aided by the dovish stance taken by the U.S. Federal Reserve in the face of fears of rising inflation.
The dollar-rupee stayed put at 40.85(Selling)on the local market.
16:30 - USD - GDP (QoQ) (Q1)
16:30 - USD - Initial Jobless Claims