ForexLive Asia-Pacific FX news wrap: USD lower on the day
Japn''s fin min Suzuki says is not ruling out any options on FX CBA: RBA Gov Lowe provided a clear hint that the pace of rate hikes could be about to slow Australia skilled job advertisements 2.6%, close to a 14 year high China August CPI 2.5% y|y (expected 2.8%) The US has seized over $30 million in cryptocurrency stolen by North Korean-linked hackers PBOC sets USD| CNY reference rate for today at 6.9098 (vs. estimate at 6.9206) While we await the CNY fix (estimate is 6.9206) - heads up for a China holiday on Monday Goldman Sachs recommends short EUR|CHF, target 0.9550 USD|JPY: "147.66 … is the natural target" (Deutsche Bank) UK retailers report the slowest growth in sales since the end of COVID-19 lockdowns ICYMI: Honda to cut car output by up to 40% at 2 Japanese plants for the rest of September New Zealand - Card Spending for August - Retail 0.9% m|m (prior -0.2%) Biden weighing an executive order to screen and possibly restrict US investment in China ICYMI - US DoE confirms no further SPR releases for now (d''uh) USD|CAD key support at 1.3075 FX intervention watch - Swiss National Bank edition - too early for the CHF Forexlive Americas FX news wrap: ECB raises by 75 basis points.
ForexLive Asia-Pacific FX news wrap: USD lower on the day
Japn''s fin min Suzuki says is not ruling out any options on FX CBA: RBA Gov Lowe provided a clear hint that the pace of rate hikes could be about to slow Australia skilled job advertisements 2.6%, close to a 14 year high China August CPI 2.5% y|y (expected 2.8%) The US has seized over $30 million in cryptocurrency stolen by North Korean-linked hackers PBOC sets USD| CNY reference rate for today at 6.9098 (vs. estimate at 6.9206) While we await the CNY fix (estimate is 6.9206) - heads up for a China holiday on Monday Goldman Sachs recommends short EUR|CHF, target 0.9550 USD|JPY: "147.66 … is the natural target" (Deutsche Bank) UK retailers report the slowest growth in sales since the end of COVID-19 lockdowns ICYMI: Honda to cut car output by up to 40% at 2 Japanese plants for the rest of September New Zealand - Card Spending for August - Retail 0.9% m|m (prior -0.2%) Biden weighing an executive order to screen and possibly restrict US investment in China ICYMI - US DoE confirms no further SPR releases for now (d''uh) USD|CAD key support at 1.3075 FX intervention watch - Swiss National Bank edition - too early for the CHF Forexlive Americas FX news wrap: ECB raises by 75 basis points.