|National CPI Ex Food, Energy (JUL) (y/y)||Aug 28 23:30|
|National CPI Ex-Fresh Food (JUL) (y/y)||Aug 28 23:30|
|Tokyo CPI (JUL) (y/y)||Aug 28 23:30|
|Tokyo CPI ex Food, Energy (JUL) (y/y)||Aug 28 23:30|
More US economic data points beat expectations on Thursday but the dollar was sluggish, we look at why. On the day the Australian dollar was the best performer while the euro lagged. Later, yen risks are heightened with a major slate of Japanese data is due. Our 3 NZD Premium trades await tonight's NZ data on building permits and consumer confidence. The Japan data will impact our EURJPY trades
The parade of better US economic data continued with GDP but after an initial spike the dollar sagged. First let's look at the data.Read More...
An ECB sources story sent EUR/USD nearly a half-cent higher in a sign of the increasing focus on the central bank in the week ahead. The loonie was the top performer for the second day while the US dollar lagged. Australian capex and house prices are due later. Today's CAD rally sent our GBPCAD short from Aug 15 to its final target for 190 pips, while yesterday's NZDCAD short is +100 pips in the money.Read More...