Only those who will risk going too far can possibly find out how far one can go!
USD
EUR/USD
The Single currency retreated from $1.1300 to $1.1268 as a rally in riskier assets classes began to lose steam ahead of U.S. GDP, Consumer Confidence and Existing Home Sales data later during the day.
GBP/USD
The Cable reversed gains to $1.3240 as Britain is due to strengthen tougher lockdown and self-isolation period to curb a rise in COVID cases. U.K. Q3 GDP data eyed today.
USD/JPY
The Japanese yen edged down to a new low of 114.21 per U.S. dollar after the Bank of Japan released its monetary policy meeting minutes, stating that there is no hesitation for the central bank to ease policy further if necessary.
AUD/USD
The Aussie dollar dropped in the vicinity of 0.7125 this morning, despite a speech from Aussie PM Morrison that no further lockdown is in the pipeline.
USD/CAD
The Canadian dollar bounced to 1.2900 versus the greenback, extending the previous day’s pullback from the yearly top amid a correction in the sliding oil prices.
USD/ZAR
South African Rand flocked back to 15.91 against the greenback as a surge in Omicron COVID-19 cases kept investors worried.
USD/MUR
The dollar rupee remains unchanged at 43.70(selling) this morning.
11:00 - GBP - Gross Domestic Product - QoQ - Q3
17:30 - USD - Gross Domestic Product - Q3
19:00 - USD - consumer confidence - Dec
