It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.
USD
EUR/USD
The Shared currency turned negative to $1.1415 after President Christine Lagarde reiterated that monetary accommodation is still needed for inflation to settle at the 2% target over the medium term.
GBP/USD
The Cable tumbled to $1.3676 despite a solid UK GDP growth rate in November and a good rebound in manufacturing activity amid a banking holiday in the U.S. due to Martin Luther King's Birthday.
USD/JPY
The Japanese yen slipped to 114.48 versus the greenback on the back of a strong U.S. Treasury yields unbothered by firmer economic data from Japan.
AUD/USD
The Aussie dollar dived to $0.7206 after the People Bank of China cut borrowing costs for medium-term loans for the first time since April 2020.
USD/CAD
The Loonie weakened to 1.2542 against the U.S. dollar, giving back some of last week's gains, as the greenback broadly rebounded despite weaker-than-expected U.S. retail sales.
USD/ZAR
The South African rand ticked down to 15.41 against the greenback as global markets, with banking, financials, mining and industrials losing much of their gains on Friday.
USD/MUR
The dollar-rupee stayed put at 43.62 (selling) this morning.
14:00 - EUR - Eurogroup Meetings