Life is like riding a bicycle. To keep your balance, you must keep moving.
USD
EUR/USD
The Euro edged higher to 1.1640 as mixed Eurozone inflation data had limited market impact, though ongoing geopolitical tensions in Eastern Europe continue to pose downside risks.
GBP/USD
The Pound sterling ticks up to 1.3230 with the Prime Minister, Keir Starmer, emphasizing the need to lower inflation and interest rates to bolster investment and growth.
USD/JPY
The Japanese yen weakens toward 155.70 against the greenback as growing expectations of a Bank of Japan rate hike weigh on the currency.
AUD/USD
The Australian Dollar holds firm at 0.6580 against the USD despite a weaker-than-expected Q3 GDP reading for the country, supported by the RBA’s hawkish stance.
USD/CAD
The Canadian dollar trades around 1.3970, supported by slightly better risk appetite and narrower US–Canada swap spreads, which should help limit further CAD losses despite softer commodities.
USD/ZAR
The South African rand holds steady at 17.10 per USD, supported by upbeat domestic GDP data.
USD/MUR
The dollar–rupee pair slipped by 7 cents today, trading at 46.51 on the offer side.
11:30 AM CHF Consumer Price Index (YoY) (Nov)
1:00 PM EUR HCOB Composite PMI (Nov)
5:15 PM USD ADP Employment Change (Nov)
5:30 PM EUR ECB's President Lagarde speech
7:00 PM USD ISM Services PMI (Nov)
7:30 PM EUR ECB's President Lagarde speech
