You need to know very well when to move, or give up the loss, and not allow the anxiety to trick you into trying again
The Shared currency gave away some ground to $ as US Treasuries pushed the greenback higher, all eyes on German and Euro Zone GDP.
The Cable retreated to $1.3735 after the release of upbeat US Q1 GDP data, which stood at 6.4% and ahead of Scottish elections next week.
The Japanese yen remained stable at 108.83 against the greenback after Japan’s industrial output recorded an unexpected rise in March, supported by a jump in car production.
The Aussie dollar dropped to $0.7776 on mixed China PMI figures data showed earlier today.
The Canadian dollar strengthened to a three-year high to 1.2276 against its U.S. counterpart on Thursday as oil prices climbed and investors adjusted to more hawkish messaging from the Bank of Canada compared to the Federal Reserve.
South Africa's rand weakened to 14.31 per U.S dollar as investors took profits on a brief rally spurred by the dovish tone of the U.S. Federal Reserve at its policy-setting meeting, reflecting cautious market sentiment towards the local currency.
The dollar-rupee dropped by 5 cents to 40.75(selling) following intervention from the central bank.
12:00 - EUR - German GDP (QoQ)(Q1)
13:00 - EUR - CPI (YoY)(Apr)
16:30 - CAD - GDP (MoM)(Feb)