Victory belongs to the most persevering.
USD
EUR/USD
The Single currency seesawed at $1.1627 as the U.S. Federal Reserve dialled back on a December rate cut after delivering its well-anticipated 25 basis points easing. Market participants will now shift their focus to today's European Central Bank's monetary policy statement.
GBP/USD
The Pound Sterling touched a low of $1.3137 before recovering to $1.3211 in a seemingly short squeeze, amidst the lack of domestic drivers.
USD/JPY
The Yen extended its losing streak at 153.00 against the U.S. Dollar as the Bank of Japan held interest rates unchanged, and ahead of its Governor, Kazuo Ueda's speech, scheduled later today.
AUD/USD
The Australian dollar licked its wounds at $0.6591 after Trump announced milder 47% tariffs on China's exports following a meeting with his counterpart, Xi.
USD/CAD
The Loonie meandered in a familiar territory at 1.3932 against the greenback as the Bank of Canada adopted a similar approach with the Federal Reserve by signalling a halt in monetary policy easing after cutting rates by 25 basis points to 2.25%.
USD/ZAR
The Rand retracted to 17.17 against the greenback as market participants digested the "hawkish cut" in the U.S., while deprived of domestic data.
USD/MUR
The dollar-rupee climbed to 46.03 (selling) this morning.
12:00 EUR Spanish CPI
12:55 EUR German Unemployment Rate
13:00 EUR German GDP
13:00 EUR Italian GDP
14:00 EUR GDP
14:00 EUR Unemployment Rate
17:00 EUR German CPI
17:15 EUR ECB Monetary Policy Statement
17:45 EUR ECB Press Conference
17:55 USD Fed Bowman speech
21:20 USD Fed Logan speech
