© Reuters. Investing.com – The dollar remained almost unchanged against a basket of major currencies on Friday amid an increase in safe-haven demand as the US-North Korea tensions resurfaced, but sterling weakness in dampened downside momentum in the greenback. The US dollar index, which measures the greenback’s strength against a trade-weighted basket of six major […]
© Reuters. To keep U.S. trade with South Korea, says free at the 4. October WASHINGTON (Reuters) — The top U.S. trade negotiator said on Friday that would keep the United States and South Korea, a further round of talks on their free trade agreement. Oct. 4 in Washington. President Donald Trump has threatened to […]
Dollar on the other hand, as caution dominated ahead of the weekend Investing.com — The dollar remained broadly lower against the other major currencies on Friday, as tensions between the US and North Korea dominated the market sentiment and as investors were unwilling to take risks ahead of the weekend. Had the dollar strengthened broadly […]
Canada August CPI due next Canadian headline inflation is expected to increase by 0.2% m/m and 1.5% y/y in the figures published at the bottom of the hour. It is a pick-up from a flat monthly reading of 1.2% y/y increase in July. The figures have been well below target for months, but the Bank […]
Bloomberg, citing a delegate The meeting was of members of the Commune, the Ministerial Follow-up Committee. No change was expected. WTI crude is down 18 cents to $50.37.
The Secretary of State in the U.S. to the mic Sept 22 US relations with Russia is very tense WE are trying to identify the areas to work with Russia, but significant differences remain All very turbulent now. Let’s see what the weekend brings outside of New Zealand and the German elections. I’m heading away […]
ECB VP Constancio in a delay of the word Sept 22 the disconnect between inflation and economic slack appears to have made of the interpretation and the control of the dynamics of inflation more difficult the exact nature and the mechanisms that are at the base price of the viscosity of continue to be imperfectly […]
On the economic calendar, the PMI Markit do not impact strongly the Forex. The manufacturing PMI rises to 53.0 from 52.8, as expected. The service PMI declined to 55.1 vs. 55.9 expected and 56.0 previously. On the Forex, the us Dollar did not react much, with EUR/USD which is always between 1.1950 and 1.1980.
Morgan Stanley adds the purchase of EUR/USD in its Portfolio Forex and trading recommendations. «The reaction of the USD after the FOMC remained limited, so we choose to buy EUR/USD on the dips. The theme of the fundamentals of the euro area remains strong, with the stock markets of the region, which begin to rise […]