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 is intact on poor NAB data, Kiwi surges
On Tuesday, the Australian dollar didn’t change versus its American rival after the publication of dismal Australian data. Meanwhile, the New Zealand dollar grew because market sentiment kept recovering from worries provoked by Hurricane Irma as well as North Korea.
The currency pair AUD/USD tumbled 0.14% being worth 0.8016.
The National Australia Bank told that in August its business confidence index went down to 5 from the previous month’s outcome of 12.
The currency pair NZD/USD rallied 0.21% being worth 0.7267.
Market sentiment kept improving because Hurricane Irma generated less damage than previously anticipated in Florida and as North Korea didn’t launch missiles over the weekend.
Traders had braced for extra provocations from the isolated Asian nation on September 9 because North Korea celebrated its founding day. However, North Korea stood away from launching missiles that day.
Similar
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.
Latest news
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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