Frankly, I don’t see markets; I see risks, rewards, and money.
USD
EUR/USD
The Shared currency ran out of steam to $1.1348 on mounting fears over Russian invading Ukraine added to concern about tight supply in the oil market.
GBP/USD
The Cable firmed at $1.3544 as investors are convinced that the Bank of England is hiking rates next month and pricing about a 40% chance of a 50 basis point rise. Market awaiting key job data from the U.K. later on Tuesday.
USD/JPY
The Japanese yen gained traction to 115.44 versus the greenback on safe-haven flows and sluggish U.S yields.
AUD/USD
The Aussie dollar was pressured down to $0.7122 ahead of Australian jobs data due on Thursday and the possibility of surprising numbers.
USD/CAD
The Loonie ticked lower to 1.2732 against the U.S dollar as the intensifying risks around Ukraine undermined risk appetite, already impacted by the prospect of aggressive Fed rate hikes.
USD/ZAR
South Africa's rand lost ground to 15.22 per U.S dollar on hotter-than-expected U.S. inflation prompting more bets on U.S. interest rate hikes, lifting the U.S. dollar and dampening the rand.
USD/MUR
The dollar-rupee shot up by 10 cents to 43.85 (Selling) on broad U.S dollar strength.
20:15 - EUR - ECB President Lagarde Speaks
