“It is not the strongest or the most intelligent who will survive but those who can best manage change.”
USD
EUR/USD
The Shared currency dropped to $0.9910 after the German Factory Orders fell short of expectations in August, suggesting that the manufacturing sector is losing additional momentum.
GBP/USD
The pound faced some weaknesses to $1.1326 after Fitch revised the Outlook on the U.K.'s sovereign rating of 'A.A.-' to Negative from Stable.
AUD/USD
The Australian dollar edged up to 0.6533 despite a drop in Australia’s trade surplus from record highs as slowing economic growth in China pointed to slower commodity demand.
USD/JPY
The Japanese yen ticked down to 144.55 against the U.S. dollar, while the upside was capped due to Japan-North Korea geopolitical tensions.
USD/CAD
The Canadian Dollar rose to 1.3589 against the greenback despite a Canadian export fall and rising oil prices from the OPEC+ decision to slash production.
USD/ZAR
The South African Rand weakened versus the strength of the U.S. dollar, tracking down other emerging market currencies.
USD/MUR
The dollar-rupee stayed put at 44.80(Selling).
12:30 - GBP - Construction PMI (Sep)
15:30 - EUR - ECB Publishes Account Monetary Policy Meeting
16:30 - USD - Initial Jobless Claims
