“The trend is your friend until the end when it bends.”
USD
EUR/USD
The Shared currency rebounded to $1.0550 as Eurostat reported a better performance on the GDP numbers front than expectations. Market awaiting CPI numbers later during the day.
GBP/USD
The Cable rallied to $1.2485 post-strong UK jobs data despite rising Brexit concerns weighting on the currency pair ahead of inflation data today.
USD/JPY
The Japanese yen gained to 129.20 after the Japanese Cabinet Office reported the annual Gross Domestic Product (GDP) numbers at -1.0% vs. the expectation of -1.8%.
AUD/USD
The Aussie dollar jumped to $0.7024 on expectation of a better unemployment rate data of 3.9% against 4% due to release on Thursday amid hawkish comment from RBA while shanghai allows some financial firms to resume work.
USD/CAD
The Loonie lost ground to 1.2850 against the greenback amid risk off mood, softer oil prices ahead of Canada inflation data.
USD/ZAR
The South Africa's rand firmed to 15.94 as an improvement in the risk appetite of the market participants has dampened the safe-haven appeal of the greenback.
USD/MUR
The dollar-rupee stayed put at 43.45(selling).
10:00 - GBP - CPI/Retail data
13:00 - EUR - HICP (MoM)(Apr)
16:30 - CAD - CPI
