Enjoying the ride to happiness, is happiness
USD
EUR/USD
The Shared currency dropped sharply to $1.0385 following hawkish remarks from U.S. Federal Reserve officials. Market eyes for German CPI and European Consumer Confidence figure later today.
GBP/USD
The Cable plummeted to $1.2000 as fears of a lengthy U.K. recession weighed on sentiment.
USD/JPY
The Japanese yen inched up this morning towards 138.57 amid mixed data from Japan. Japan’s Unemployment Rate reprinted 2.6% mark for October versus 2.5%, whereas Japan’s Retail Trade eased to 4.3% YoY during the stated month, versus 5.0%
AUD/USD
The Aussie dollar rebounded to $0.6700 after China’s announcement of the stimulus to nullify concerns over weak economic prediction due to recent covid-19 lockdown measures.
USD/CAD
The Canadian dollar rose to 1.3440 against the greenback amid a rally in oil prices. Investors are also awaiting GDP figures, which are due on Tuesday.
USD/ZAR
South Africa's sideways near 17.08 ahead of unemployment data due tomorrow, which could provide some clues on the health of the South African economy.
USD/MUR
The dollar-rupee remained idle at 44.10 (Selling).
14:00 - EUR - Consumer Confidence (Nov) /Industrial Confidence (Nov)
16:35 - GBP - BoE's Mann speech
17:30 - CAD - GDP
19:00 - USD - Consumer confidence
19:00 - GBP - BoE's Governor Bailey speech