Hard work beats talent when talent doesn't work hard
USD
EUR/USD
The Euro crumbled to 1.1631 on a strong U.S dollar although the release of an expected Eurozone Inflation data of 2.1% provided further reasons for the European Central Bank (ECB) to keep rates unchanged at next Thursday meeting.
GBP/USD
The Pound Sterling tumbled to $1.3360 as soaring U.K. gilt yields, reaching their highest level since 1998, fueled fiscal concerns.
USD/JPY
The Japanese Yen nosedived to 148.54 against the greenback amid domestic political uncertainty.
AUD/USD
The Australian dollar eased to $0.6514 despite an upbeat Australia Gross Domestic Product (GDP).
USD/CAD
The Canadian dollar collapsed to 1.3792 against its U.S. counterpart as traders weighed the prospects of a Bank of Canada (BoC) interest rate cut this month.
USD/ZAR
The South African rand weakened to 17.69 versus the U.S. dollar ahead of South Africa Gross Domestic Product (GDP) due today.
USD/MUR
The dollar-rupee soared to 46.64 (selling) this morning.
12.30 GBP S&P Global Composite PMI
13.30 EUR German 10-Year Bund Auction
13.30 ZAR GDP Annualized
16.30 CAD Labor Productivity
17.15 GBP BoE MPC Treasury Committee Hearings
18.00 USD Factory Orders
18.00 USD JOLTS Job Openings
21.30 USD FOMC Member Kashkari Speech
22.00 USD Beige Book
