“If you cannot do great things, do small things in a great way.”
USD
EURUSD
The Euro took a breather from its previous bullish trend against the greenback and retraced to $1.0770 as Bloomberg reported a possible ECB dovish approach in their next interest rate decision.
GBPUSD
The Pound Sterling gained modestly at $1.2280, partly supported by progress in talks related to a post-Brexit trade agreement between Great Britain and the European Union.
USDJPY
The Japanese Yen dived to 131.35 against the greenback as BoJ neutrality regarding monetary policy severely disappointed market expectations.
AUDUSD
The Australian Dollar resumed its upward tendency to trade around $0.6990 on the back of rising odds that the Reserve Bank of Australia will proceed with an additional interest rate rise this February.
USDCAD
The Canadian Dollar profited from an increase in the price of Crude Oil and leapt up to $1.3380, despite yesterday’s disappointing Canadian CPI figures.
USDZAR
The South African Rand weakened to 17.10 against the US dollar following a decline in mining production coupled with continued power cuts in the country.
USDMUR
The US Dollar went a tad higher to 44.25(selling) against the Rupee.
14:00 EUR Consumer Prices
17:30 USD PPI
17:30 USD Retail Sales
