The United States will publish CPI and core CPI on September 11, at 15:30 MT time.
Greenback dips versus yen In Asia as NKorea tensions revive
On Tuesday, the evergreen buck sank versus the Japanese yen because key bank minutes from Japan demonstrated no surprises, although market participants were still cautious as for tensions on the Korean peninsula, including a recent bunch of threats from Donald Trump.
The currency pair USD/JPY hit 111.62, sliding 0.11%, AUD/USD reached 0.7948, ascending 0.14%. As for EUR/USD, this currency pair grew 0.10% being worth 1.1860.
On Tuesday, the Bank of Japan also issued its monetary policy gathering minutes, which revealed that policymakers are geared up towards sticking with their current policy framework. The minutes also hinted there was solid reason to be optimistic as for consumer prices due to the fact measures of inflation expectations had stopped going down.
Gauging the greenback’s value versus a trade-weighted basket of six key currencies, the US dollar index went down 0.08% trading at 92.37.
Canada will announce its monthly GDP on July 31, at 15:30 MT time.
The United States will release the advance GDP growth rate for the previous quarter on July 30, at 15:30 MT time.
China’s Manufacturing PMI will be out on Wednesday at 04:00 MT time!
China's industrial rebound, progress in US fiscal stimulus and other important news in this article.
The market sentiment is mixed as investors weigh US stimulus package against the rising infections and worse-than-expected US unemployment claims. Jump in for fresh analysis of EUR/USD, USD/JPY, S&P 500 and gold!