Out of the mountain of despair, a stone of hope
USD
EURUSD
The Single currency collapsed to $1.0630 as yesterday's strong U.S. economic figures solidified the case for further rate hikes from the Federal Reserve.
GBPUSD
The Pound Sterling plummeted to $1.1945 ahead of British Retail Sales data, ignoring speculations that a deal between the U.K. and the E.U. regarding the Northern Ireland Protocol might be imminent.
USDJPY
The Japanese Yen nosedived to 134.75 against the greenback in line with a drop in Asian stocks this morning.
AUDUSD
The Australian Dollar printed its third-day losing streak at $0.6835 despite Reserve Bank of Australia's Governor, Philip Lowe, mentioned the necessity for further rate hikes during his speech today.
USDCAD
The Loonie snapped down at 1.3490 against the greenback, reflecting the dovish bias of the Bank of Canada's governor, Tiff Macklem, who sees slowing demand and a rebalancing of the overheated Canadian economy.
USDZAR
The South African Rand tumbled to 18.22 against the U.S. dollar as the appointment of a minister of electricity exacerbated fears of a crippling economy.
USDMUR
The U.S. dollar hopped to 46.40(selling) against the rupee.
13:00 EUR Current Account
17:30 USD Export Price Index
