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United States Consumer Price Index ex Food & Energy (YoY) meets forecasts (2.4%) in August
United States Consumer Price Index ex Food & Energy (YoY) meets forecasts (2.4%) in August
United States Consumer Price Index ex Food & Energy (MoM) registered at 0.3% above expectations (0.2%) in August
United States Consumer Price Index ex Food & Energy (MoM) registered at 0.3% above expectations (0.2%) in August
United States Consumer Price Index (MoM) meets forecasts (0.4%) in August
United States Consumer Price Index (MoM) meets forecasts (0.4%) in August
United States Consumer Price Index (YoY) in line with expectations (3.4%) in August
United States Consumer Price Index (YoY) in line with expectations (3.4%) in August
Euro: ECB hawkish path supports pair â BBH
Brown Brothers Harrimanâs (BBH) Elias Haddad reports EUR/USD is trading heavy around 1.1600 after a hawkish 25 bps European Central Bank (ECB) hike to 2.50%. President Lagarde called the move a âno brainerâ and signaled more hikes as inflation is seen above target for an extended period.
US Dollar: Strength builds on yields â ING
INGâs Francesco Pesole notes that the Dollar is benefiting as global bond yields and Oil prices rise, with the USD re-establishing a positive correlation with long-end US yields.
EUR/GBP Price Forecast: Neutral bias holds as 0.8600 caps the upside
EUR/GBP edges lower on Friday, drifting toward the lower end of the range seen over the past week.
Mexico Industrial Output (MoM) came in at 0.5%, above expectations (0%) in July
Mexico Industrial Output (MoM) came in at 0.5%, above expectations (0%) in July
Mexico Industrial Output (YoY) came in at 2.7%, above expectations (1.8%) in July
Mexico Industrial Output (YoY) came in at 2.7%, above expectations (1.8%) in July
Brazil IPCA Inflation registered at -0.32%, below expectations (-0.29%) in August
Brazil IPCA Inflation registered at -0.32%, below expectations (-0.29%) in August
Japanese Yen: Yield pressure risks fresh losses against US Dollar â OCBC
OCBCâs Christopher Wong highlights a rebound in USD/JPY as higher US Treasury yields, stronger US Dollar (USD) and elevated Oil prices support the pair, even as expectations for further BOJ normalisation cap upside.
Euro retreats below 1.1600, Dollar appreciates heading into the US CPI releaseÂ
The Euro (EUR) accelerates its reversal against the US Dollar (USD) on Friday, as the impulse from a hawkish hike by the European Central Bank (ECB) fades.
Oil: Supply risks and central bank inflation worries â BNY
BNYâs Geoff Yu highlights that Brent has approached $110 as Houthi advances near the Bab el-Mandeb Strait raise concerns over Red Sea shipping and broader supply chains.