PBOC sets USD/CNY reference rate at 7.0298 on Monday
The People’s Bank of China (PBOC) set the USD/CNY reference rate at 7.0298 on Monday when
AUD/USD: Tightening global financial conditions and weakness in China to favor the dollar – Danske Bank
Analysts at Danske Bank forecast the AUD/USD pair at 0.67 in a month, at 0.67
Canada: BoC to deliver another 50bps hike in October despite weak retail sales – CIBC
Data released on Friday showed a 2.5% decline in Canadian retail sales in July, a
EUR/USD likely to continue moving lower, targeting 0.95 in 12 months – Danske Bank
According to analysts from Danske Bank, the US dollar will continue to move higher versus
GBP/USD: BoE to hike 75bps and pound to move lower and get close to record low – MUFG
The pound suffered on Friday the worst decline since at least March 2020, with GBP/USD
Canada: Retail Sales decline by 2.5% in July vs. -2% expected
Retail Sales in Canada fell more than expected in July. USD/CAD trades in positive territory
US: S&P Manufacturing PMI improves to 51.8 in September, Composite PMI rises to 49.3
S&P Global Composite PMI and Services PMI rose sharply in early September. The US Dollar
EUR/USD Price Analysis: Bears retain control at two-decade low
EUR/USD pares intraday losses after refreshing 20-year low. Six-month-old bearish channel, clear downside break of
Japan’s Suzuki: Government, BOJ share view on concerns about weak yen
“There is no change to our stance that we will respond to market moves as
NZD/USD struggles to defend 0.5700 near two-year low on NZ off, Fed’s Powell, RBNZ’s Orr eyed
NZD/USD remains pressured around 30-month low amid New Zealand’s holiday. US dollar cheers Russia-linked risk-aversion,