A leader is best when people barely know he exists. Of a good leader, who talks little, when his work is done, his aim fulfilled, they will say, “We did this ourselves.”
USD
EUR/USD
The Euro steadied around $1.1700 ahead of Q2 Eurozone GDP, and U.S. initial jobless claims and PPI data.
GBP/USD
The Pound Sterling strengthened to $1.3585 in the pre-European session on better-than-expected GDP and industrial and manufacturing production data.
USD/JPY
The Japanese Yen accelerated to 146.50 against the greenback as attention turned to Japan's GDP data due for release early Friday morning.
AUD/USD
The Australian dollar stayed in the vicinity of $0.6550 on the back of improved Aussie labour data.
USD/CAD
The Canadian dollar remained on the front foot at 1.3761 against its U.S. counterpart, supported by an uptick in Oil prices.
USD/ZAR
The South African rand extended its gains to 17.53 against the U.S. dollar after domestic business confidence and retail sales both rose in June.
USD/MUR
The dollar-rupee edged 4 cents lower to 45.84 (selling) this morning.
13:00 EUR Gross Domestic Product s.a.
13:00 EUR Industrial Production s.a.
16:30 USD Initial Jobless Claims
16:30 USD Producer Price Index
16:30 USD Producer Price Index ex Food & Energy
22:00 USD Fed's Barkin speech
