Tag Archives: USD/CNY

Daily FX Update

Today’s trading pattern is carrying over the broader themes from August; leading into the open equities are higher,

G10 FX is essentially flat with EURUSD at 1.3397, USDJPY at 102.30, and AUDUSD at 0.9320.

U.S. Review An Uneven Recovery will Keep the Fed on Hold • Retail sales came in unchanged in July, which was below consensus expectations and

FX majors mostly tread water with EUR steady at 1.336 and USDJPY marginally higher to 102.5.

USDJPY nudged up to 102.59, but the AUDUSD and EURUSD are flat at 0.9297 and 1.3361,

News flow is not particularly encouraging with a disappointing data set from China, a Russian convey of trucks into

The yen couldn’t sustain early gains after a smaller-than-expected decline in Q2 GDP and is now flat on the day at 102.29 to the dollar.

The USD strengthened against the G10 in Asia. The NZDUSD was the main developed currency mover,

G10 FX rates drifted sideways, with EURUSD at 1.340, AUDUSD testing its Friday highs at 0.9282, and

U.S. Review Economic Acceleration But Restraint Persists • The economy continues to show signs of acceleration this week,

Considering the shifts in the global bond market (US 10‐year sub 2.40%, the German 10yr at 1.05%, global 10yrs all lower and

In FX, flows into safe haven drove USDJPY to a low of 101.60 before rebounding 101.80.