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Greece Consumer Price Index - Harmonized (YoY) increased to 3.7% in August from previous 2.7%
Greece Consumer Price Index - Harmonized (YoY) increased to 3.7% in August from previous 2.7%
USD/CHF Price Forecast: Flat lines near 0.8100 as bulls await US inflation data
The USD/CHF pair reverses modest intraday losses and climbs to the top end of its daily range during the first half of the European session on Wednesday.
Euro advances against Canadian Dollar due to hawkish ECB sentiment
EUR/CAD gains ground after two days of losses, trading around 1.6030 during the European hours on Wednesday.
US Dollar: CPI outcome guides Fed path – DBS
DBS Group Research economist Eugene Leow argues that upcoming US CPI data will be crucial for the FOMC’s September decision on policy.
Australian Dollar hits fresh four-month highs amid USD weakness, strong Chinese inflation
The Australian Dollar (AUD) resumed its uptrend on Wednesday, with the US Dollar (USD) losing ground against its main peers despite the dismal market mood, while the rebound in Chinese inflation eased concerns about domestic demand.
Euro continues to underperform against Japanese Yen, ECB policy awaited
The Euro (EUR) is down 0.27% to near 178.50 against the Japanese Yen (JPY) during the European trading session on Wednesday, closer to its almost 10-month low of 177.85 posted the previous day.
Dow Jones futures move little as market caution prevails
Dow Jones futures edge lower by 0.04% to trade near 52,800 during European hours on Wednesday. Meanwhile, S&P 500 futures gain by 0.07% to trade near 7,690, while Nasdaq 100 futures advance 0.22% to trade around 29,600.
Euro: Mid-range trading with capped upside against US Dollar – ING
ING’s Chris Turner describes EUR/USD near 1.1600 as mid-range since April, noting Euro terms-of-trade deterioration should weigh more on the pair. ING expects a dovish ECB hike that fails to validate additional tightening priced by markets.
Japanese Yen: Changing fundamentals challenge carry – Rabobank
Rabobank's Senior FX Strategist Jane Foley says speculation over a structural shift in Japanese Yen (JPY) valuation is challenging traditional carry trade assumptions and Japanese investors’ appetite for foreign assets.
Federal Reserve: Market mispricing risk into blackout – TD Securities
TD Securities’ Molly Brooks analyzes how US rates markets are pricing the September Federal Reserve meeting, highlighting unusually high uncertainty around a potential hold or 25bp hike.
Forex Today: US Dollar retreats as markets gear up for key events
Here is what you need to know on Wednesday, September 9:
NZD/USD Price Forecast: Rises in limited range with US CPI in focus
The New Zealand Dollar (NZD) trades 0.13% higher at around 0.5860 against the US Dollar (USD) during the European trading session on Wednesday, but remains inside Tuesday's trading range.
European Central Bank: Further hikes risk skewed to upside – Nomura
Nomura strategists expect the European Central Bank (ECB) to raise rates this week, taking the depo rate to 2.50%, and to keep it there for the foreseeable future.