Faith consists in believing when it is beyond the power of reason to believe.
USD
EUR/USD
The Euro fell slightly to $1.1430 as softer-than-expected eurozone inflation data reinforced expectations that the ECB is likely to pause at its July meeting before considering any further tightening later in the year.
GBP/USD
The British Pound was weak at $1.3340 as market continued to digest last week's mixed UK PMIs which pointed to a significant economic slowdown, led by the dominant services sector.
USD/JPY
The South African Rand remained supported at $16.2502 by domestic policy measures and inflation trends, despite mixed economic indicators pointing to a slowdown in growth.
USD/MUR
The Dollar–Rupee retreated to 47.79 (selling) this morning.
1:00 PM EUR Producer Price Index (YoY) (May)
1:00 PM EUR Retail Sales (MoM) (May)
5:45 PM USD S&P Global Composite PMI (Jun)
6:00 PM USD ISM Services New Orders Index (Jun)
6:00 PM USD ISM Services PMI (Jun)
6:30 PM CAD Bank of Canada Business Outlook Survey
7:00 PM EUR ECB's Schnabel speech
7:00 PM USD Fed's Waller speech
8:00 PM EUR ECB's President Lagarde speech
8:45 PM GBP BoE's Mann speech
10:30 PM EUR ECB's Lane speech
