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USD
EUR/USD
The Single currency sank to $1.1434 after the Federal Open Market Committee held interest rates in a 4.25%-4.50% range and a cautious stance on policy easing by Fed Chair Jerome Powell.
GBP/USD
The Cable collapsed to $1.3262, undermined by broad U.S. Dollar strength amid a lack of a clear signal that the Fed was warming to interest rates as soon as the next meeting in September.
USD/JPY
The Japanese Yen recovered from 149.49 to 148.82 against the U.S. Dollar, underpinned by a higher Japanese retail trade reading, while the Bank of Japan kept its interest rates unchanged today.
AUD/USD
The Australian dollar drifted lower to $0.6465 as Chinese PMI figures missed expectations, unfazed by a stable Aussie retail sales reading.
USD/CAD
The Canadian Dollar crumbled to $1.3819 against the greenback as the Bank of Canada kept rates at 2.75% yesterday, and its governor, Tiff Macklem, stated that monetary policy needs to account for tariff risks.
USD/ZAR
The Rand remained within familiar territory at 17.96 against the U.S. dollar ahead of the South African Reserve Bank rate decision due later today.
USD/MUR
The dollar-rupee rate catapulted to 47.22 (selling) following the release of the FOMC minutes last night.
12:00 EUR German GDP
12:00 EUR Italian GDP
13:00 EUR Eurozone GDP
16:15 USD ADP Employment Change
16:30 USD GDP
17:45 CAD BoC Interest Rate Decision
18:00 USD Pending Home Sales
18:30 CAD BoC Press Conference
22:00 USD Fed Interest Rate Decision
22:00 USD Fed Monetary Policy Statement
22:30 USD FOMC Press Conference
