It’s not that I’m so smart; it’s just that I stay with problems longer.
USD
EUR/USD
The single currency surged to $1.2128, on broad U.S weakness, after U.S. retail sales dropped more than expected in May, with spending rotating back to services from goods as vaccinations allow Americans to travel.
GBP/USD
Sterling nosedived to a one-month low at $1.4032 on Tuesday as Brexit woes continue as EU citizens face no right to remain in the UK, creating legal chaos before recovering to $1.4090.
USD/JPY
The Japanese yen tumbled to 110.06 against the dollar, highly anticipating the outcome of the U.S. Federal Reserve's two-day policy meeting for hints of plans to start tapering its bond purchases.
USD/CAD
Loonie hammered to fresh monthly lows above 1.2200 per dollar, despite West Texas Intermediate's barrel trading at its highest level since October 2018 at $72.
AUD/USD
The Aussie plummeted to $0.7692 on news that OZ Trade Minister Dan Tehan said that his government is legally preparing itself before asking the World Trade Organization to resolve its wine-tariff trade dispute with Beijing. China in March imposed tariffs of up to 218% on Australian wine for five years.
USD/ZAR
Rand climbed to 13.76 per greenback amid South African financial markets will be closed for a public holiday on Wednesday, when the Federal Reserve will release its statement.
USD/MUR
The local pair untouched at 41.20(selling) on the local market.
10:00 - GBP - CPI(YoY)(May)
16:30 - USD - Building Permits
18:30 - USD - Crude Oil Inventories
22:00 - USD - FOMC Meeting Minutes
22:00 - USD - Fed Interest Rate Decision