“The Art of Time is NOT Wasting It!”
USD
EUR/USD
The major currency pair jumped the most in five weeks as the US dollar slumped to a multi-day low as the inflation data matched forecasts, triggering market challenges that the Fed hawks will have less ammunition when they meet on January 25-26.
GBP/USD
Sterling cheered broad US dollar weakness post-inflation release to trade around 11 month high at 1.3713. However, cautious sentiment ahead of the key Brexit talks and recently hawkish Fed speak challenge the bulls market.
USD/JPY
The Japanese yen rocketed to 114.56 against the greenback amid falling US T- bond yields.
AUD/USD
The Aussie dollar got an additional lift from rising commodity prices followed by a brief new high in its counterparty trading currency yuan.
USD/CAD
The loonie consolidates around its highest level in nearly two months at 1.2500 against the U.S dollar as the price of oil hit new high amid inventory decline which might disrupt the global supply.
USD/ZAR
South African rand strengthened further towards 15.31 as shares on the Johannesburg stock exchange rose sharply as Powell's less hawkish remarks calmed investors.
USD/MUR
The dollar rupee remains unchanged at 43.55(selling).
14.30 - Economic Bulletin (EUR)
17.30 - Jobless Claim (USD)
17.30 - Producer Price Index (USD)
