Delete the negative; accentuate the positive!
USD
EUR/USD
The Single Currency retreated from a high of $1.0488 to trade at $ 1.0380 against the dollar as news regarding Russian missiles hitting Polish territory spurred some risk-off, therefore outdoing the positive fallout of yesterday's better-than-expected ZEW Economic Sentiment Index figures.
GBP/USD
The Cable fell to $ 1.1880 amid broad dollar strength but remained strong for the week ahead UK inflation data due today.
USD/JPY
The Japanese yen dwindled around 139.00 as Gross Domestic Product (GDP)for Q3 shrank by 1.2% against a 1.1% growth estimated. Meanwhile investors hid behind safe-appeal greenback to safeguard themselves from sheer volatility.
AUD/USD
The Aussie dollar wobbled around $0.6750 cheered by headlines surrounding IMF’s support of further policy tightening by RBA.
USD/CAD
The Canadian dollar rose to an eight-week high against its U.S. counterpart on Tuesday, but gains were capped to 1.3272 as the greenback was supported by geopolitical jitters and investors waiting for a key domestic inflation report.
USD/ZAR
The South African rand was flat at 17.31 in early trade on Wednesday, as investors stayed to the sidelines ahead of domestic retail sales figures expected later in the day.
USD/MUR
The dollar-rupee dropped to 44.15 (Selling) on Central bank Intervention
11:00 - GBP - CPI /Retail sales
13:00 - EU Financial Stability Review
17:15 - CAD - Housing Starts s.a (YoY)(Oct)
17:30 - USD - Retail sales
17:30 - CAD - Consumer Price Index (MoM)(Oct)
19:00 - EUR - ECB's President Lagarde speech