All progress takes place outside the comfort zone
USD
EUR/USD
The Common currency dipped to $1.1707 as investors bet that the next leg of the fiscal stimulus and an aggressive vaccine rollout will boost the economic recovery in the U.S., ahead of the highly-anticipated Biden’s speech tonight.
GBP/USD
The Pound tumbled to $1.3730, unable to shake off the U.S dollar advances despite the U.K. still being a trend-setter in vaccinations.
USD/JPY
Yen extended losses to 110.88 versus the U.S dollar amid a spike in bond yields, as accelerating vaccinations and massive stimulus in the United States stoked inflation concerns.
USD/CAD
The Lonnie lost ground to $1.2617 amid deterioration in market sentiment and the US dollar's ongoing strength ahead of Canadian GDP data.
AUD/USD
The Aussie dollar faded to $0.7605 under the weight of dollar demand and weaker commodity prices.
USD/ZAR
Rand unfazed at 14.91 versus the U.S dollar after President Cyril Ramaphosa's speech to the nation on the country's response to the COVID-19 pandemic.
USD/MUR
The dollar-rupee extended gains by five cents to 40.90(selling), catching up with USD dollar strength abroad.
10:00 - GBP - GDP (YoY)(Q4)
10:00 - GBP - GDP (QoQ)(Q4)
11:55 - EUR - German Unemployment Change (Mar)
13:00 - EUR - CPI (YoY)(Mar)
16:15 - USD - ADP Nonfarm Employment Change (Mar)
16:30 - CAD - GDP (MoM)(Jan)
