Happiness comes from what we do. Fulfillment comes from why we do it.
USD
EUR/USD
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.
GBP/USD
Sterling crunched below $1.4160 after Germany imposed Vat tax on low-value imports on all non-EU countries, including the UK.
USD/JPY
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.
USD/CAD
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.
AUD/USD
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.
USD/ZAR
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.
USD/MUR
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