“It does not matter how slowly you go as long as you do not stop.”
USD
EUR/USD
The Single currency dived to $1.1084 after the Federal Reserve raised rates as expected by 0.25% to 5.25%. The market is awaiting the European Central Bank (ECB) interest rate decision to be displayed today.
GBP/USD
The Cable drifted higher to $1.2582 on the Bank of England's expectation to raise interest rates further next week as U.K. inflation is not ready to leave the double-digit territory.
USD/JPY
The Japanese yen hoisted to 134.46 against the greenback as the focus is shifted to US Non-Farm Payroll (NFP) data due tomorrow.
AUD/USD
The Aussie dollar advanced to $0.6700 on a better-than-anticipated Australia Trade Balance of 15.3B this morning.
USD/CAD
The Loonie retraced to 1.3587 against the greenback as oil prices rebounded sharply and ahead of Canada Employment data scheduled for tomorrow.
USD/ZAR
South African rand strengthened to 18.20 on the back of a wounded U.S. dollar post-FOMC meeting.
USD/MUR
The dollar-rupee rocketed by 30 cents to 45.70(Selling) following Bank of Mauritius's intervention in the domestic market this morning.
12.30 - GBP - Composite PMI (April)
12.30- GBP- Services PMI (April)
16.15- EUR- Deposit Facility Rate
16.15 - EUR- ECB Marginal Lending Facility
16.15- EUR- ECB Monetary Policy Statement
16.15-EUR- ECB Interest Rate Decision
16.30- USD Initial Jobless Claims
16.45- EUR ECB Press Conference
18.00 -CAD Ivey PMI
