Hard times will always reveal, true friends
USD
EUR/USD
The Single currency hoisted to $1.1729 after U.S. Core PCE Price data came in at 2.9% as expected amid increasing odds of further US Federal Reserve rate cut in October.
The Pound Sterling soared to $1.3436, supported by traders’ expectations that the Bank of England would keep interest rates steady at 4.0% for the rest of the year.
USD/JPY
The yen boosted at 148.75 against the greenback on Bank of Japan rate hike bets grew after board member Noguchi mentioned earlier this morning that the risk that inflation could rise faster than expected.
AUD/USD
The Australian dollar rallied to $0.6570 ahead of Australia’s interest rate decision tomorrow morning.
USD/CAD
The Canadian dollar edged higher 1.3924 against the greenback on upbeat Canada Gross Domestic Product.
USD/ZAR
The South African rand rocketed to 17.30 against the U.S Dollar ahead of U.S Pending Home sales data due today.
USD/MUR
The dollar-rupee dipped to 46.05 this morning.
13.00 EUR ECB's Schnabel Speech
15.30 USD Fed Waller Speech
16.00 GBP MPC Member Ramsden Speech
16.00 EUR ECB's Lane Speech
18.00 USD Pending Home Sales
21.15 USD U.S President Trump Speech
21.30 USD FOMC Member William Speech
