When something is important enough, you do it even if the odds are not in your favor.
USD
EUR/USD
The Single currency crumbled to $1.1715 on yet another round of tariff threats by U.S. President Trump, who added that he is days from sending the European Union a tariff letter in his remarks on Tuesday.
GBP/USD
The Pound Sterling plummeted to $1.3590 as the Office for Budget Responsibility raised the alarm the fiscal situation in the United Kingdom is unsustainable in the long term.
USD/JPY
The Yen dived further at 146.98 against the greenback as the U.S. imposed a 25% tariff on Japanese goods effective on the first of August of this year.
AUD/USD
The Australian dollar dipped to $0.6535 after visiting a high at $0.6590 as major trading partner China released disappointing inflation figures this morning.
USD/CAD
The Canadian Dollar was on the backfoot at 1.3668 against the U.S. Dollar as market participants brace for tonight's FOMC minutes.
USD/ZAR
The South African Rand lingered at 17.76 against the greenback on hopes that the country could salvage a less damaging deal with the U.S.
USD/MUR
The U.S. dollar was up at 45.68(selling) against the rupee this morning.
11:30 EUR ECB Escriva speech
14:45 EUR ECB Lane speech
15:00 EUR ECB De Guindos speech
16:15 EUR ECB Nagel speech
22:00 USD FOMC Minutes
