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Euro stays near three-month high as US Dollar remains subdued
EUR/USD holds modest gains on Tuesday as the latest Middle East developments fail to trigger a strong market reaction, while the US Dollar (USD) struggles to recover from last weekâs sell-off sparked by the US Treasuryâs decision to increase buybacks of longer-dated government securities.
United States Housing Price Index (MoM) registered at 0%, below expectations (0.2%) in June
United States Housing Price Index (MoM) registered at 0%, below expectations (0.2%) in June
United States S&P/Case-Shiller Home Price Indices (YoY) came in at 2.1%, above expectations (1.7%) in June
United States S&P/Case-Shiller Home Price Indices (YoY) came in at 2.1%, above expectations (1.7%) in June
Belgium Leading Indicator below expectations (-10.5) in August: Actual (-13.2)
Belgium Leading Indicator below expectations (-10.5) in August: Actual (-13.2)
United States Redbook Index (YoY): 9.1% (August 21) vs 7.6%
United States Redbook Index (YoY): 9.1% (August 21) vs 7.6%
New Zealand Dollar defies stronger US Dollar as RBNZ rate hike bets offer support
NZD/USD edges slightly higher on Tuesday and trades around 0.5965 at the time of writing, up 0.08% on the day.
Australian Dollar: RBA risks and carry support â BBH
Brown Brothers Harrimanâs (BBH) Elias Haddad notes the Australian Dollar (AUD) largely ignored the Reserve Bank of Australia's (RBA) August Minutes, which reiterated Governor Michele Bullockâs warning that another rate hike is quite possible.
British Pound: Range trading outlook against Euro â Rabobank
Rabobank's Senior FX Strategist Jane Foley discusses the British Pound's (GBP) recent performance, noting it is currently the top G10 currency on a 1âday view but only middling over longer horizons.
United States ADP Employment Change 4-week average climbed from previous 9.5K to 11.75K in August 1
United States ADP Employment Change 4-week average climbed from previous 9.5K to 11.75K in August 1
GBP/JPY Price Forecast: Bulls recover lost ground as intervention effect wears off
GBP/JPY extends its steady recovery on Tuesday and has now recouped almost all the losses triggered by the joint US-Japan intervention in late July. The intervention was aimed at curbing excessive weakness in the Japanese Yen (JPY) after USD/JPY climbed above 160 to a forty-year high.
Canadian Dollar: Trade conflict keeps downside risks alive against US Dollar - ING
INGâs Francesco Pesole highlights escalating US-Canada trade tensions, with new US tariffs on Canadian autos and parts announced for early next year.
Japanese Yen under pressure as geopolitical risks support the US Dollar
USD/JPY trades around 159.30 on Tuesday at the time of writing, up 0.15% on the day.
British Pound hovers near six-month highs with investors awaiting key US events
The British Pound (GBP) remains practically flat for the second consecutive day against the US Dollar (USD), with markets on a âwait-and-seeâ stance, awaiting key US Inflation data on Wednesday and the Jackson Hole central bankersâ summit on Friday.