"The biggest risk is not taking a risk. In a world that's changing really quickly, the only strategy that is guaranteed to fail is not taking risks."
USD
EUR/USD
The Shared currency grinded higher towards $1.0566 as US dollar remained pressured amid market's indecision and fears of a recession in the US.
GBP/USD
The Cable managed to begin the week on a positive note, currently trading at $1.2284 amid dollar weakness ahead of BoE's Cunliffe speech tomorrow.
USD/JPY
The Japanese yen gained to 134.82 as the Bank of Japan's June meeting summary of opinions has been released stating that Bank of Japan must maintain easy policy and sharp yen fall could hurt economy and heighted more uncertainty.
AUD/USD
The Aussie dollar remained on the backfoot at $0.6932 as Australian Finance minister Katy Gallagher signaled economic challenges after the Bank for International Settlements (BIS) reported risks for a global stagflationary scenario.
USD/CAD
The Loonie renewed intraday high to 1.2880 as higher oil prices underpinned the CAD.
USD/ZAR
The Rand strengthened against a sliding dollar at 15.81, as investors started to scale back bets on how far central banks will be able to lift interest rates this cycle to rein in inflation.
USD/MUR
The dollar-rupee remained unchanged at 45.00 (Selling).
16:30 - USD - Durable Good orders
22:30 - EUR - ECB's President Lagarde speech
