Yesterday’s home runs don’t win today’s games
USD
EUR/USD
The Shared currency edged lower to $0.9947 ahead of the key eurozone inflation and the Federal Open Market Committee meeting announcements on Wednesday.
GBP/USD
The British pound held at recent highs near $1.1600 on newfound UK political stability and elevated Bank of England rate expectations on Thursday, Nov. 3, to counteract rising U.K. inflation.
USD/JPY
The Japanese yen resumed its downfall to 147.88 per U.S dollar after the Bank of Japan continued to buck the trend among other major central banks and stuck with ultra-low interest rates.
AUD/USD
The Australian dollar eased to $0.6470 following a sharp drop in commodity prices such as iron ore prices, investors’ eyes on the Reserve Bank of Australia's monetary policy meeting due early tomorrow.
USD/CAD
The Canadian Dollar lost ground to $1.3618 versus the greenback as geopolitical fears underpinned oil prices.
USD/ZAR
The South African rand tumbled to 18.22 against the U.S dollar as investors worldwide scurry towards safe-haven assets, with an appetite for riskier assets sapped by global economic uncertainty.
USD/MUR
The dollar-rupee idled at 44.25 (Selling).
14:00 - EUR - CPI (YoY)(Oct)