“It is not the strongest or the most intelligent who will survive but those who can best manage change.”
USD
EURUSD
The Euro weakened mildly against the dollar ahead of speech from U.S Fed Williams which will be crucial for clear market directions for November’s Federal Open Market Committee meeting.
GBPUSD
The Cable retreated towards $1.12 as investors retrenched aggressive BOE rate hike hopes following PM Truss' decision to step down creating more political turmoil.
USDJPY
The Japanese yen continued to weaken against the greenback on Friday and overstepped 150.30 after data showed Japanese CPI inflation hit an eight-year high in September.
AUDUSD
The Australian dollar dropped to $0.6257 post a weaker-than-expected Australia Employment report earlier today.
USDCAD
The Canadian Dollar edged lower against the greenback in line with a drop in WTI prices, and risk aversion, while the market will be watching Retail Sales Data due in the afternoon.
USDZAR
The South African rand dropped to 18.34 per U.S dollar as fragile global risk appetite weighed on emerging market currencies.
USDMUR
The dollar-rupee climbed by 10 cents to 44.55(Selling)
16:30 - CAD - Core Retail Sales (MoM)(Aug)
