“Where you want to be is always in control, never wishing, always trading, and always, first and foremost protecting your butt.”
USD
EUR/USD
The shared currency dropped to $0.9783, undermined by European data as the E.U. September Consumer Price Index growth was confirmed at 9.9% YoY, slightly better than the preliminary estimate of 10%, but still at multi-decade highs.
GBP/USD
The Pound ran out of gas to $1.1223 after hotter-than-expected U.K. consumer prices fueled concerns about a deeper U.K. economic recession.
USD/JPY
The Japanese yen teetered at the critical 150 per U.S dollar level after Japan’s central bank on Thursday said it would hold emergency bond-buying operations, offering to buy some $667 million in government debt, a move to put a floor under bond prices.
AUD/USD
The Aussie dollar eased to $0.6267 as employment data in Australia came below expectations.
USD/CAD
The Canadian Dollar picked up the pace at 1.3761 against the greenback following positive inflation figures and a rebound in oil prices.
USD/ZAR
The South African Rand tumbled to 18.29 versus the greenback as retail sales data rose below predictions whilst the inflation data came in line with market expectations.
USD/MUR
The Rupee slipped by 10 cents to 44.45(selling) on U.S. dollar strength.
16:30 - USD - Philadelphia Fed Manufacturing Index (Oct)
18:00 - USD - Existing Home Sales
