Usd

EUR/USD briefly strengthened but quickly tumbled again following the release of US economic data. But, the Eurozone inflation remain high.

The report on China's business activity has placed the Australian Dollar as the second-worst-performing currency today, following the Japanese Yen.

Today's announcement from the Bank of Japan was somewhat more hawkish than the previous policy. However, it harmed the yen's exchange rate.

There are at least five important announcements this week. All of them may have the potential to be new catalysts for EUR/USD.

Experts believe that Canada's inflation trend will continue to decline, so the economy does not require further interest rate increases.

The delay of some employment reports today triggered a crisis of confidence in the accuracy of UK economic data. GBP/USD weakened as a result.

GBP/USD is burdened by the uncertainty of the UK's economic prospects and interest rates, even though a recession may not occur.

Market suspects Japan conducted a currency intervention, as USDJPY suddenly plummeted to its lowest level around 147.30 yesterday.

GBP/USD buried at its lowest level since March, while EUR/GBP soared to its highest level since July.

The Governor of BoJ briefly mentioned a somewhat hawkish stance last week, but there are no positive indications for today's yen exchange rate.