Happiness comes from what we do. Fulfillment comes from why we do it.
The fiber drifted lower to $1.22 after ECB President Christine Lagarde’s rejection of the tapering chatters and ahead of the final Markit's eurozone Services PMIs. Europe's immunization to COVD-19 is catching up with the U.S. and the U.K.
Sterling crunched below $1.4160 after Germany imposed Vat tax on low-value imports on all non-EU countries, including the UK.
Japanese yen nursed losses to 109.80 versus the greenback as investors weighed inflation concerns ahead of key U.S. payrolls data the next day.
The Canadian dollar edged higher to $ 1.2042 on higher oil prices and ahead of U.S. May private jobs figures due later on Thursday.
The Aussie stuck in a rut at $0.7730 despite upbeat domestic data, as a 7-days lockdown in the state of Victoria came as a blow for the Australian dollar.
The South African rand rocketed to 13.50/DLR on the back of higher commodity prices which benefited resource-rich South Africa, and expectations U.S. lending rates will stay lower for longer, increasing appeal for carry trade in riskier currencies.
The domestic pair inched higher by 2 cents to 40.90(Selling).
12:30 - GBP - Composite PMI (May)
12:30 - GBP - Services PMI (May)
16:15 - USD - ADP Nonfarm Employment Change (May)
16:30 - USD - Initial Jobless Claims
18:00 - USD - ISM Non-Manufacturing PMI (May)
19:00 - USD - Crude Oil Inventories