"It is often the small steps, not the giant leaps, that bring about the most lasting change."
USD
EURUSD
The EURO extended gains to $1.0900, fueled by hawkish comments from ECB's policymakers regarding the necessity of higher interest rates.
GBPUSD
The Cable faltered to $1.2325 partly due to shrinking business activity in Great Britain, the most in two years.
USDJPY
The Japanese Yen steadied at 130.35 against the greenback after comments that the Government and Bank of Japan have agreed to cooperate closely on policies, aiming for economic growth and achieving stable inflation targets.
AUDUSD
The Australian Dollar climbed to $0.7100 in tandem with renewed highs in inflation at 7.8%, squashing hopes of a pause in interest rates by the Reserve Bank of Australia.
USDCAD
The Canadian Dollar traded within tighter ranges, near 1.3355 versus the greenback, as market participants eagerly awaited the Bank of Canada interest rate decision later today.
USDZAR
The South African Rand inched up to 17.16 against the U.S. dollar on tomorrow's expectation of a 50 basis points increase in interest rate by the South African Reserve Bank (SARB).
USDMUR
The U.S. dollar firmed at 44.75(selling) against the rupee.
13:00 EUR German Business Climate
13:00 CHF Swiss ZEW Survey
19:00 CAD BoC Interest Rate Decision
19:00 CAD BoC Bank of Canada Monetary Policy Report
20:00 CAD BoC Press Conference
