Keep an eye on US inflation data
The United States will publish CPI and core CPI on September 11, at 15:30 MT time.
Aussie and Kiwi decrease vs. greenback in late trade
On Thursday, the Australian and New Zealand dollars dived against their American counterpart, pulling back from peaks, reached earlier when the Fed announced a highly-anticipated rate lift.
The currency pair AUD/USD dived 0.21%, trading at 0.7694, off Wednesday’s two-and-a-half week peak of 0.7722.
On Wednesday, at the end of its two-day policy gathering, the Fed lifted interest rates by 25 basis points to 1.00% from 0.75%, exactly as expected.
The US dollar dived broadly following the decision, as the major bank’s stance was considered to be less hawkish than expected, given projections of three rate lifts this year and not four as some analysts had hoped for.
The currency pair NZD/USD dived 0.55%, trading at 0.7008, having reached a more than one-week high of 0.7050 during last session.
Earlier on Thursday, Statistics New Zealand posted that the country’s GDP added 0.4% during the fourth quarter of last year, thus confounding expectations for a surge of 0.7%.
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Canadian GDP: the end of loonie’s consolidation?
Canada will announce its monthly GDP on July 31, at 15:30 MT time.
Will the US economy help the greenback?
The United States will release the advance GDP growth rate for the previous quarter on July 30, at 15:30 MT time.
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CAD is in focus
Follow Canadian core retail sales on September 18 at 15:30 MT time!
Main market movements on September 17
The US dollar gained after the Fed’s report, while riskier assets dropped. Let’s have a closer look.
How to trade GBP after BOE statement?
Keep an eye on the UK monetary policy statement on September 17 at 14:00 MT time!
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