CAD down for an eighth session in a row – Scotiabank
The Canadian Dollar (CAD) is a little softer on the session so far but losses are holding near yesterday’s low in the upper 1.37s, Scotiabank’s FX Chief FX Strategist Shaun Osborne notes.
GBP: August GDP in line with forecasts – Scotiabank
UK data showed in line with expectations GDP growth in August (+0.2% m/m and the same on the 3m/3m measure), Scotiabank’s FX Chief FX Strategist Shaun Osborne notes.
NZD/USD: Bears feeling lethargic – OCBC
The New Zealand Dollar (NZD) fell after RBNZ cut rate by 50bp.
Asian markets mixed after Wall St drop, Shanghai dips before briefing
Most Asian markets were mixed Friday as investors digested disappointing US inflation data that further dampened expectations for another bumper interest rate cut next month. Tokyo ended the morning on the front foot thanks to a weaker yen as investors scale back expectations for US rate cuts, while Singapore, Seoul, Wellington, Taipei and Jakarta also edged up.
Asian markets mixed after Wall St drop, Shanghai dips before briefing
Most Asian markets were mixed Friday as investors digested disappointing US inflation data that further dampened expectations for another bumper interest rate cut next month. Tokyo ended the morning on the front foot thanks to a weaker yen as investors scale back expectations for US rate cuts, while Singapore, Seoul, Wellington, Taipei and Jakarta also edged up.
last updated on 11 Oct 15:22