"Life is like riding a bicycle. To keep your balance, you must keep moving."
USD
EUR/USD
The Single currency fell to $1.0467 as top executives from the biggest U.S. banks warned of an impending recession, which dampened risk appetite and kept the greenback supported.
GBP/USD
The Cable extended its losses at $1.2129 as the soaring food supply crisis has triggered expectations of higher food inflation led by a shortage of labor and sky-rocketing input costs.
USD/JPY
The Japanese yen traded above 137.00 as BOJ member Toyoaki said that Japan's economy is still in the midst of recovering from a pandemic-induced slump and that the central bank must patiently maintain monetary easing.
AUD/USD
The Aussie dollar dropped to $0.67 following the downbeat of GDP and China trade data.
USD/CAD
The Canadian dollar kept its gains at 1.3653 against the greenback amid falling oil prices, while market participants await BoC rate decision later today.
USD/ZAR
South African rand strengthened to 17.34 as the President Cyril Ramaphosa won support by the governing ANC party's over the "Farmgate" scandal and better-than-forecast economic growth figures.
USD/MUR
The dollar-rupee remained unchanged at 44.10 (Selling).
11:10 - EUR - ECB's Lane speech
14:00 - EUR - Gross Domestic Product s.a. (QoQ)(Q3) /Employment change
19:00 - CAD - BoC Interest Rate Decision
