"Keep your face to the sunshine and you cannot see a shadow"
USD
EURUSD
The Single Currency slipped to $1.0870 ahead of key central bank meetings, including the European Central Bank, due this week.
GBPUSD
The Cable swayed within familiar territory at $1.2390 on expectations that the Bank of England may decide to slow down their rate hike cycle. At the same time, the Fed is also expected to decide on interest rates this week.
USDJPY
The Japanese Yen catapulted to 129.20 against the greenback, supported by a report that the Bank of Japan may tweak their inflation target.
AUDUSD
The Australian Dollar adopted a bearish stance against the greenback and traded at 0.7085 in a risk-averse mood this morning.
USDCAD
The Canadian Dollar gave up part of its gains against the U.S. dollar, to trade at 1.3330 as softer oil prices, a main Canadian export, weighed on the currency.
USDZAR
The South African Rand maintained a timid profile against the U.S. dollar at 17.19, as the worsening energy supply in the country, together with uncertainty from the Fed this week, are putting pressure on both sides.
USDMUR
The U.S. dollar climbed to 44.85(selling) against the rupee.
13:00 EUR German GDP