Keep an eye on US inflation data
The United States will publish CPI and core CPI on September 11, at 15:30 MT time.
Japanese yen is intact after North Korea missile launch
On Friday, the Japanese yen was intact versus the evergreen buck, having leapt earlier as North Korea dared to fire another ballistic missile over Japan, thus spurring investor concerns over geopolitical risks.
In early Asian trade the evergreen buck declined from 110.25 yen to 109.55 yen following reports of North Korea's fresh missile launch.
Later the US currency pared its losses, and was last demonstrating 110.19 yen - nearly intact from Tuesday’s late US trade.
Japan happens to be the world's number one net creditor nation. So, at times of uncertainty investors assume that Japanese repatriation of overseas funds will overshadow foreign traders’ selling of Japanese assets.
Therefore, the Japanese yen has kept operating as a safe-haven currency notwithstanding Japan's geographical proximity to the isolated regime.
Additionally, versus another safe have, the Swiss franc, the greenback was intact, sticking to 0.9635.
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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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