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Euro declines against Canadian Dollar despite ECB rate hike hopes
EUR/CAD extends its losses for the second successive day, trading around 1.6040 during European hours on Tuesday. The currency cross depreciates as the commodity-linked Canadian Dollar (CAD) gains support from rising crude oil prices.
EUR/CAD
Fxstreet
Tue, Sep 15
British Pound: Fragile labour market clouds BoE hikes - Commerzbank
Commerzbank’s Michael Pfister argues that rising Oil prices have sharply lifted UK rate expectations, with markets now discounting four Bank of England hikes by mid-2027 versus just over one in June.
GBP/USD
GBP/JPY
Fxstreet
Tue, Sep 15
Forex Today: US Dollar strengthens on hotter US inflation, rising Fed hike expectations
Here is what you need to know on Tuesday, September 15:
Fxstreet
Tue, Sep 15
Equities: AI slowdown fears hit chip stocks – Deutsche Bank
Deutsche Bank’s Jim Reid reports that US equities weakened as AI slowdown headlines triggered a sharp selloff in semiconductor names, dragging the broader S&P 500 lower.
Fxstreet
Tue, Sep 15
Japan’s Katayama says will scrutinise budget requests for next fiscal year strictly going forward
Japanese Finance Minister (FM) Satsuki Katayama said on Tuesday that the official will not rely on deficit-covering bonds to fund the tax cut. Katayama added that government will scrutinise budget requests for next fiscal year strictly going forward.
USD/JPY
Fxstreet
Tue, Sep 15
4.9%: United Kingdom Unemployment Rate stays unchanged in July
The United Kingdom’s (UK) ILO Unemployment Rate stayed at 4.9% in the three months to July after reporting 4.9% in the previous reading, data published by the Office for National Statistics (ONS) showed on Tuesday. The data came in below the market consensus of 5.0%.
GBP/USD
Fxstreet
Tue, Sep 15
Indonesian Rupiah weakens amid stronger US Dollar, higher oil prices
Indonesian rupiah weakened as rising oil prices raised inflation fears and threatened the net oil importer's fiscal position.
Fxstreet
Tue, Sep 15
Asian stocks trade mixed, AI stocks and oil prices in focus
Asian equities trade mixed on Tuesday as traders weighed Middle East tensions and calls by industry figures for a slowdown in AI development.
Brent
Fxstreet
Tue, Sep 15
South Korea Money Supply Growth down to 8% in July from previous 9.4%
Fxstreet
Tue, Sep 15
China’s Retail Sales rise 0.4% in August, Industrial Production up 5.2%
China’s Retail Sales rose 0.4% year-over-year (YoY) in August vs. a rise of 0.8% expected and a 0.6% growth in July, the latest data released by the National Bureau of Statistics (NBS) showed Tuesday.
AUD/USD
Fxstreet
Tue, Sep 15
China Fixed Asset Investment (YTD) (YoY) in line with expectations (-7.2%) in August
USD/CNH
Fxstreet
Tue, Sep 15
China Industrial Production (YoY) registered at 5.2% above expectations (4.8%) in August
USD/CNH
Fxstreet
Tue, Sep 15
China Retail Sales (YoY) below expectations (0.8%) in August: Actual (0.4%)
USD/CNH
Fxstreet
Tue, Sep 15
China House Price Index increased to -3% in August from previous -3.2%
Fxstreet
Tue, Sep 15
Iran's President Pezeshkian: Our demands are the same as our previous demands
Iran's President Masoud Pezeshkian said on Monday that Tehran is not at war with Saudi Arabia. Pezeshkian added that Iran’s demands for negotiation with the United States (US) are the same as our previous demands.
Fxstreet
Mon, Sep 14
New Zealand Electronic Card Retail Sales (YoY) fell from previous 3.4% to 0.2% in August
NZD/USD
Fxstreet
Mon, Sep 14
New Zealand Electronic Card Retail Sales (MoM) dipped from previous 1.3% to -0.9% in August
NZD/USD
Fxstreet
Mon, Sep 14
South Korea Import Price Growth (YoY) down to 15.6% in August from previous 18.7%
Fxstreet
Mon, Sep 14
US Dollar: Hawkish Fed may offer only limited gains - BBH
Brown Brothers Harriman’s (BBH) Elias Haddad expects the Federal Open Market Committee (FOMC) to deliver a 25 bps hike to 3.75%-4.00%, its first move since July 2023, justified by above-target inflation and a solid labor market.
US Dollar Index
Fxstreet
Mon, Sep 14
Euro area: Supply chain risks and core goods outlook – Societe Generale
Societe Generale economists Sam Cartwright and Michel Martinez analyze how renewed supply chain disruptions, including conflict in the Middle East, may affect Euro Area prices.
Fxstreet
Mon, Sep 14
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