“Out of the mountain of despair, a stone of hope”
USD
EURUSD
The Single currency was little changed at $1.0790 as market participants eagerly await hints from ECB President Christine Lagarde's speech, due today, regarding European monetary policy.
GBPUSD
The Cable adamantly kept its upward tendency to $1.2330 despite poorer-than-expected U.K. inflation figures published yesterday.
USDJPY
The Japanese Yen rocketed to 127.85 against the greenback with expectations that the BoJ may yet increase its yield control range, coupled with the biggest slump in a year in U.S. Retail Sales.
AUDUSD
The Australian Dollar tumbled to $0.6900 on fears of a less hawkish Reserve Bank of Australia (RBA) in the wake of the downbeat Aussie jobs report this morning, painting a gloomier picture for its economy.
USDCAD
The Canadian Dollar slipped to 1.3500 against the U.S. Dollar, undermined by a drop in oil prices.
USDZAR
The South African Rand seesawed in familiar territory near 17.10 versus the greenback, with CPI for the country shrinking by 0.2% from November to December.
USDMUR
The U.S. Dollar stayed put at 44.25(Selling) against the rupee.
14:30 EUR ECB's President Lagarde speech
16:30 EUR ECB Monetary Policy Meeting Accounts
17:30 USD Initial Jobless Claims
22:15 USD Fed's Brainard speech
