CPI surprise sends Canadian dollar higher The Bank of Canada is going to have a tough decision at the September 5 meeting. The market is saying the chances of a hike are increasing and now sit a 33% compared to 23.5% before .
RBA assistant governor, Luci Ellis, spoke in Canberra earlier – Australian wage growth could be slower to respond to a tightening labour market – It could be a slower response than in the past ForexLive
How we celebrated On August 14, we celebrated 10 years since the start of ForexLive and the party continued throughout the week. Justin had a great annotated and chart about the moves in the euro over the past decade.
From the Wall Street Journal on Reserve Bank of Australia Governor Lowe in parliament today Said the RBA becoming increasingly uneasy about the potential for inflation to jump in the U.S., fanned by the country’s “problematic” fiscal expansion.
This is the onshore yuan central rate for trading today. – The PBOC allows a plus or minus 2% band for trade in CNY from here – CNH (offshore yuan) is not limited by the band … its a lot higher than 6.8946 ….
Raghuram Rajan is former governor of the Reserve Bank of India, in an interview with CNBC There is more at MarketWatch here I am gonna guess this is not going to surprise ForexLive traders in the least.
Bullard spoke to the WSJ St Louis Fed President Bullard made a cameo in a about Turkey contagion with this quip: WSJ story “There are special factors in that country,” St. Louis Fed President James Bullard said of Turkey in an interview Monday. “I don’t
Comments by SNB vice president Fritz Zurbruegg – Unstable situation can lead to safe haven flows into the CHF – Recent developments show negative interest rates and interventions still needed ForexLive
HKMA out with some reassurance after it defended the USD/HKD peg earlier – Says Hong Kong has the ability to cope with market volatility – Able to cope with challenge of capital outflows ForexLive
Former BOJ economist Hideo Hayakawa speaks in an interview with Reuters – BOJ may tolerate bond yield rises to around 0.4% under new July guidance – With new guidance, BOJ can now conduct “stealth” rate hikes ForexLive