Forex: Wednesday’s review
The Dollar climbed to a seven-month high after the Federal Open Market Committee said there are “significant downside risks” to the economic outlook.
The euro advanced versus the yen as Greece said it will accelerate budget cuts to keep emergency loans flowing.
New Zealand’s dollar weakened after data showed economic growth almost stalled.
Australia’s dollar slid below parity with the greenback after a survey said China’s manufacturing may slow.
EUR/USD: in first half of day the pair hold. Then pair decline to $1.3560 on American session.
GBP/USD: the pair was under pressure and closed at $1.5500
USD/JPY: yestherday the pair restored and showed high at Y76.75.
Focus today is set squarely on 07:58 Eurozone Purchasing Manager Index Manufacturing September
after 09:00 Eurozone Industrial New Orders s.a
10:00 United Kingdom CBI industrial order books balance
Then 12:30 Canada Retail Sales, m/m July and U.S. Initial Jobless Claims
Finished day at 14:00 U.S. Leading Indicators August