"The fundamental law of investing is the uncertainty of the future."
USD
EUR/USD
The Shared currency dropped to $1.0357 before pulling back to $ 1.0441 this morning as the FED met market expectations of a 75 basis point rate hike but stated that such sharp moves higher were unlikely to become a habit.
GBP/USD
The Cable remained on the backfoot towards $1.2151 amid Brexit woes as expectations of a 0.25% rate hike seemed less effective at today's BOE meeting for such a peak increase in inflation.
USD/JPY
The Japanese yen nosedived on US rate hike announcement but later bounced back to 134.35 as treasury yield gave up some gains on Powell's speech.
AUD/USD
The Aussie dollar popped higher to $0.7015 as the latter got a boost from upbeat jobs data on Thursday after benefiting from a relief rally in global risk assets.
USD/CAD
The Loonie rallied to 1.2890 as USD pared some gains ahead of wholesales data later today.
USD/ZAR
South Africa's rand gained to 15.85 as investors fled the safe haven currency on broad dollar weakness.
USD/MUR
The dollar-rupee remained unchanged at 44.50 (Selling).
11:30 - CHF - SNB Interest Rate Decision
12:30 - EUR - ECB's De Guindos speech
15:00 - GBP - BOE interest rate decision
16:30 - USD- Initial Jobless Claims(Jun 10)
16:30 - CAD- Wholesale data
