Opportunity does not knock, it presents itself when you beat down the door.
USD
EUR/USD
The Euro slipped to $1.1737 following a risk-off impulse, courtesy of an escalation in the trade war, as US President Donald Trump began sending letters with tariffs imposed on some countries
GBP/USD
The Pound Sterling seesawed $1.3625 amid escalating fiscal risks in United Kingdom.
USD/JPY
The Yen sank to 146.05 against the greenback as renewed tariffs tantrums from the U.S. might hinder the Bank of Japan's interest rate normalization path.
AUD/USD
The Australian dollar advanced to $0.6527 as the Reserve Bank of Australia chose to keep interest rate stable at 3.85% while market participants were expecting a rate cut.
USD/CAD
The Canadian Dollar conceded further ground at $1.3655 as OPEC+ countries agreed to pump oil production in August, and hence driving the price down.
USD/ZAR
The South African Rand kept its southward trajectory at 17.79 against the greenback as BRICS nations are under the threat of additional tariffs from U.S. president Trump.
USD/MUR
The U.S. dollar gained further at 45.54(selling) against the rupee this morning.
10:00 EUR German Trade Balance
11:00 EUR EcoFin Meeting
18:00 CAD Ivey Purchasing Managers Index
