FX Daily

Market movers today

* In  the  US  an  agreement  on  increasing  the  debt  ceiling  does  not  appear  to  be imminent.

* President  Barack  Obama  is  at  a  press  briefing  today  where  he  is  expected  to announce the nomination of Janet Yellen as chairman of the Federal Reserve.

* The minutes from  the last Fed meeting released this evening  are  expected to show that  the  surprise  Fed  decision  to  delay  tapering  of  its  bond   purchases  was  a  very close call.

* In Europe focus today will be on industrial production data for August in G ermany and  the  UK.   The  weaker-than-expected  German  factory  orders  released  yesterday suggest that there also could be some downside risk  to German industrial production today

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Danske Bank