"The fundamental law of investing is the uncertainty of the future."
USD
EUR/USD
The Shared currency jumped to intraday high of $1.0500 as record high inflation data per HICP figures keeps buyers hopeful of witnessing a July rate hike from a hawkish ECB tone.
GBP/USD
The Cable advanced to $1.2400 as risk-perceived assets are gaining the limelight amid inflationary figures reaching a high of 9.0% and BOE has no option left rather than hiking rates.
USD/JPY
The Japanese yen gained to 128.60 as concerns about a global economic growth continued to weighed on investors sentiment which in turned drove flows into safe haven currency.
AUD/USD
The Aussie dollar gained to $0.7000 from a low of $0.6960 getting support from a tick down in Australian unemployment data , the lowest in almost half a century.
USD/CAD
The Loonie gained to 1.2830 against the greenback amid fears of a slowdown in the US GDP growth and stabilizing oil prices above 105.00 dollar.
USD/ZAR
The South Africa's rand weakened after inflation held steady at the top of the central bank's target range and disappointing retail sales numbers. Market awaits central bank interest rate decision.
USD/MUR
The dollar-rupee remained unchanged at 43.45(selling).
10:00 - GBP - CPI/Retail data
13:00 - EUR - HICP (MoM)(Apr)
16:30 - CAD - CPI