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United Kingdom Unemployment Rate stays at 4.9% in June vs. 4.8% expected
The United Kingdom’s (UK) ILO Unemployment Rate stayed at 4.9% in the three months to June after reporting 4.9% in the previous reading, data published by the Office for National Statistics (ONS) showed on Tuesday. The data came in above the market consensus of 4.8%.
Fxstreet
Tue, Aug 18
Indonesian Rupiah holds weak footing ahead of looming BI policy decision
USD/IDR remains in the positive territory after experiencing volatility, trading around 17,900 during the Asian hours on Tuesday. The pair continues to draw support from a weakening Indonesian Rupiah (IDR), driven by cautious domestic sentiment ahead of Bank Indonesia’s (BI) two-day policy meeting.Fxstreet
Tue, Aug 18
US Treasury yields surge as 30-year hits 2007 high
US Treasury yields advanced on Friday during the North American session after reversing their course following the release of US Retail Sales data, which disappointed investors. Meanwhile, the lack of news from the Middle East kept Oill prices higher, amid fears of a resumption of hostilities.Fxstreet
Mon, Aug 17
United States Total Net TIC Flows: $133.5B (June) vs $132.2B
Fxstreet
Mon, Aug 17
Singapore Dollar: Mild upside bias against US Dollar remains intact – UOB
United Overseas Bank’s (UOB) Quek Ser Leang notes USD/SGD remains under mild downward pressure after slipping to 1.2775 before rebounding. Intraday, the pair may retest 1.2775, but support at 1.2765 is expected to hold.
Fxstreet
Mon, Aug 17
Canadian Dollar: Inflation steady near target – RBC
Royal Bank of Canada (RBC) economists Abbey Xu and Nathan Janzen note that Canadian inflation rose to 3% year-over-year in July, mainly on higher energy costs, while underlying measures like CPI-trim and CPI-median stayed near the 2% target.
Fxstreet
Mon, Aug 17
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