The flame that burns twice as bright burns half as long.
USD
EUR/USD
The Euro dropped to $1.1610 after Italian inflation dipped below ECB target.
GBP/USD
The Pound Sterling jumped to $1.3440 from a low of $1.3420 this morning as Claimant Count Change data printed negative, which is viewed as positive for the economy.
USD/JPY
The Japanese Yen retreated to 148.35 against the greenback as investors await U.S. CPI data for fresh impetus.
AUD/USD
The Australian dollar registered a new low for the week at $0.6496 as the Reserve Bank of Australia delivered its widely expected 25 basis point rate cut and remained subdued at $0.6502 amid China deflation concerns.
USD/CAD
The Canadian dollar was down at 1.3776 against its U.S. counterpart but found support as Oil prices recovered on the back of the U.S.-China tariff truce extension of 90 days.
USD/ZAR
The South African rand was weaker at 17.75 in the morning session as better-than-expected domestic manufacturing data failed to offset trade concerns, with the country scrambling to secure a lower tariff rate on its exports to the United States.
USD/MUR
The dollar-rupee gained 25 cents to 46.08(selling) this morning.
13:00 EUR German ZEW Survey – Current Situation
13:00 EUR German ZEW Survey – Economic Sentiment
13:00 EUR Eurozone ZEW Survey – Economic Sentiment
16:30 USD Consumer Price Index
16:30 USD Consumer Price Index ex Food & Energy
18:00 USD Fed's Barkin speech
18:30 USD Fed's Schmid speech
22:00 USD Monthly Budget Statement










