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Austria HICP (YoY) climbed from previous 2.7% to 2.9% in August
Austria HICP (YoY) climbed from previous 2.7% to 2.9% in August
US Dollar: Hawkish Fed supports Dollar against Euro - Danske Bank
Danske Research Team explains that the Dollar strengthened after the Fed’s unanimous 25bp rate hike and hawkish risk assessment, which emphasized upside inflation risks.
US Dollar Index eases from late July highs as profit-taking kicks in amid sliding yields
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, retreats slightly after hitting a fresh high since late July earlier this Thursday. The index, however, holds above the 100.00 psychological mark heading into the European session.
Forex Today: All eyes on BoE rate decision
Here is what you need to know on Thursday, September 17:
British Pound: Oversold Sterling still seen weaker against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann report GBP/USD plunged to 1.3375 and closed at 1.3380, a move seen as excessive but still pointing to further downside.
Japanese Yen outperforms as BoJ’s policy takes centre stage
The Japanese Yen (JPY) trades higher against its major currency peers on Thursday. The USD/JPY pair is down 0.35% to near 155.75 ahead of the Bank of Japan’s (BoJ) monetary policy outcome on Friday.
EUR/GBP Price Forecast: Euro struggles below 0.8570 with all eyes on the BoE
The Euro (EUR) ticks lower against the British Pound (GBP) on Thursday, with investors awaiting the Bank of England’s (BoE) monetary policy decision, due later in the day.
Switzerland Imports (MoM) above expectations (0M) in August: Actual (35485M)
Switzerland Imports (MoM) above expectations (0M) in August: Actual (35485M)
Switzerland Exports (MoM) above forecasts (0M) in August: Actual (39271M)
Switzerland Exports (MoM) above forecasts (0M) in August: Actual (39271M)
EUR/USD Price Forecast: Holds steady near 1.1450, bearish tone remains intact
The EUR/USD pair trades on a flat note around 1.1465 during the early European trading hours on Thursday. Traders continue to assess the latest interest rate hike decision by the US Federal Reserve (Fed). The US Initial Jobless Claims report is due later on Thursday.Â
Switzerland Trade Balance above forecasts (0M) in August: Actual (3786M)
Switzerland Trade Balance above forecasts (0M) in August: Actual (3786M)
Japan’s Kiuchi says aim to balance robust economy with fiscal sustainability
Japan's Economy Minister Minoru Kiuchi said on Thursday that officials aim to balance a robust economy with fiscal sustainability. However, Kiuchi declined to comment on interest rates.Â
Breaking: Bank of England keeps its policy rate at 3.75%
At its September meeting, the Bank of England (BoE) held its policy rate at 3.75%, as markets had anticipated. The vote, however, exposed a split on the Monetary Policy Committee (MPC) as three members supported a 25-basis-point hike.