“An investment in knowledge pays the best interest.”
USD
EUR/USD
The Shared currency bounced above $1.0840 on uncertainty of the greenback ahead of ECB's Lagarde and Fed's Powell speech later today.
GBP/USD
The Cable hovered around yesterday's high of $1.3060 as market eyes for BoE's Governor Bailey speech during the day.
USD/JPY
The Japanese yen lost ground to 128.20 amid a rebound in the US dollar alongside the Treasury yields.
AUD/USD
The Aussie dollar fell to $0.7440 as International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned about the negative impact of a prolonged Chinese slowdown on the global economy weighing on the pair.
USD/CAD
The Canadian dollar boosted to 1.2478 as year on year price growth accelerate to 6.7% from 5.7% that fueled expectations that the Bank of Canada will follow up last week's 50bps rate hike with more hikes of similar margin at upcoming meetings
USD/ZAR
South Africa's rand slipped to 15.04 against the greenback, extending losses from the previous session, as severe power cuts and floods highlighted economic constraints on South Africa despite inflation data rose to 5.9%.
USD/MUR
The dollar-rupee stayed put at 43.50(Selling) on the local market.
16:30 - USD - Initial Jobless Claims
20:30 - GBP - BoE's Governor Bailey speech
21:00 - USD - Fed's Chair Powell Speech
21:00 - EUR - ECB's President Lagarde speech
