- The euro (EUR) crashed from 1.2770 to 1.2626 yesterday against the US dollar (USD) after the Federal Reserve officials ended the bond-purchase buying program after 5 years, as the labour market improved. Today the German monthly inflation rate will be announced and is expected to be at 0%.
- The US dollar (USD) skyrocketed to 108.95 yesterday against the Japanese yen (JPY) as the US economy seems to recover faster, increasing the odds for a rise in interest rates next year. The greenback gained versus most major peers yesterday after the FOMC Statement announcement. Today the Japanese yearly inflation rate will be announced with expectations at 2.5% increase, along with the US quarterly Advanced GDP were its expected to be 3.1%.