Courage is going from failure to failure without losing enthusiasm
The Shared currency entrenched in a narrow range at $1.2180 as investors await the European Central Bank policy decision tomorrow to further gauge the economic recovery from COVID-19 and central banks’ potential next steps.
The Cable swung back and forth near $1.4150 as concern is growing that the rising case numbers of the COVID-19 Delta variant in the U.K. could mean a delay in the ending of lockdown measures.
The Japanese yen hovered near 109.47 against the greenback ahead of tomorrow U.S core CPI data.
The Aussie dollar dragged to $0.7740 below that expected China’s consumer price index for May, released earlier in the day.
The Loonie lost ground to 1.2107 amid broad US dollar strength and anxiety ahead of today’s Bank of Canada monetary policy meeting.
South Africa's rand dipped slightly to 13.58 against the dollar as a recovering dollar put the brakes on the currency's recent rally despite better-than-expected economic growth data.
The dollar-rupee perched close to its highest near 40.90(Selling) on the local market.
18:00 - CAD - BoC Interest Rate Decision
18:30 - USD - Crude Oil Inventories