“When one door of happiness closes, another opens; but often we look so long at the closed door that we do not see the one which has been opened for us.”
USD
EURUSD
The Single Currency paused its upward trend against the greenback to trade around $1.0875 ahead of the German PMI due later today.
GBPUSD
The Cable reversed its upward course to reach $1.2390 as concerns over the effect of U.K. Tax, sluggish markets, and Brexit weighed on the pair.
USDJPY
The Japanese Yen, also a safe haven, lost further ground against the U.S. dollar at 130.05, undermined by a positive tone in the equity market.
AUDUSD
The Australian Dollar kept its bullish stance at $0.7040 despite negative PMI figures for Australia published this morning.
USDCAD
The Canadian Dollar rose slightly against the U.S. dollar and reached 1.3355, underpinned by an uptick in oil prices.
USDZAR
The South African Rand see-sawed within tighter ranges against the greenback at 17.17 as state utility Eskom rolled out specific time slots for power outages.
USDMUR
The U.S. dollar hopped to 44.75(selling) against the rupee.
12 30 EUR German Composite PMI
13 00 EUR S&P Global Composite PMI
13 30 GBP S&P Global/CIPS Services PMI
