September 10, 2024 11:17 am
The USD/NOK currency pair pulled back from a fresh one-month high of 10.8628 on Tuesday after Norwegian CPI inflation data and ahead of the key US CPI inflation report that may affect the Fed’s interest rate cut trajectory. Annual headline consumer inflation in the United States probably eased to 2.6% in August, according to market […]
Read moreSeptember 10, 2024 9:36 am
The USD/SEK currency pair held near a fresh three-week high of 10.3943 on Tuesday after Swedish GDP data and ahead of the key US CPI inflation report that could provide further clues over the size of the potential interest rate cut by the Federal Reserve this month. Annual headline consumer inflation in the United States […]
Read moreSeptember 5, 2024 8:42 am
Switzerland’s jobless rate has risen to 2.4% in August from 2.3% in the prior four months, data by the State Secretariat for Economic Affairs showed. The number of unemployed individuals rose by 3,638 to six-month high of 111,354 in August. Switzerland’s youth unemployment rate, which tracks job-seekers aged between 15 and 24, rose to 2.7% […]
Read moreSeptember 5, 2024 7:20 am
Singapore’s retail sales were reported to have increased at an annualized rate of 1% in July, rebounding after a 0.6% drop in June. In July, sales went up for: – motor vehicles (27.2% YoY versus 19.5% YoY in June); – food and alcohol (4.7% YoY versus 4.1% YoY in June); – petrol service stations (4.7% […]
Read moreSeptember 4, 2024 11:04 am
The USD/NOK currency pair traded not far from a fresh 2 1/2-week high of 10.7362 on Wednesday ahead of a string of macro data that may provide more clues over the US interest rate cut trajectory. Today’s focus will likely be on US job openings data. The number of job openings probably fell to 8.100 […]
Read moreSeptember 4, 2024 9:14 am
The USD/SEK currency pair held in proximity to a fresh two-week high of 10.3370 on Wednesday ahead of a string of macro data that may provide more clues over the US interest rate cut trajectory this year. Today’s focus will likely be on US job openings data. The number of job openings probably fell to […]
Read moreSeptember 4, 2024 7:42 am
The USD/SGD currency pair remained mostly flat on Wednesday ahead of a string of macro data that may provide more clues over the US interest rate cut trajectory this year. Today’s focus will likely be on US job openings data. The number of job openings probably fell to 8.100 million in July from 8.184 million […]
Read moreSeptember 3, 2024 12:53 pm
The CAD/CHF currency pair pulled back from a two-week peak of 0.6322, while holding below the 0.6300 mark on Tuesday, after Swiss macro data and ahead of the outcome of the Bank of Canada’s policy meeting. The Bank of Canada is expected to lower its benchmark interest rate by 25 basis points to 4.25% at […]
Read moreSeptember 3, 2024 11:10 am
The USD/ZAR currency pair traded near a fresh 1 1/2-week peak of 17.9767 on Tuesday ahead of a series of high-tier US macro data this week, including the Non-Farm Payrolls report, which could affect the size of an interest rate cut by the Federal Reserve in September. The US job openings data on Wednesday and […]
Read moreSeptember 3, 2024 9:54 am
The USD/CAD currency pair traded not far from a fresh 1 1/2-week high of 1.3530 on Tuesday ahead of the outcome of the Bank of Canada’s policy meeting. The Bank of Canada is expected to lower its benchmark interest rate by 25 basis points to 4.25% at its September policy meeting. This would extend the […]
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