Not too much currency movement on the forex market, here is the USD update:
Its mainly been a New Zealand focus so far ... the RBNZ:
- RBNZ's Wheeler comments now on NZD intervention
- RBNZ Wheeler: Structural factors are weighing in inflation globally
- RBNZ decision and statement - analyst responses coming in
- RBNZ leave cash rate unchanged (as expected)
Although ... elsewhere:
- Japan PPI for July +0.3% m/m (expected 0.2% m/m)
- Japan - Machine Orders for June: -1.9% m/m (vs. expected +3.6%)
- UBS chart says "US Dollar Reaching 2017 Bear Target ... Worst is Over!"
- UK - RICS house price balance for July: +1% (expected 9%)
- NZ data - electronic retail card sales -0.5% m/m (expected +0.3%)
- Goldman Sachs - Global FX Views: "We are revising down our forecast for the USD"
- North Korea says seriously examining "simultaneous fire" of 4 missiles at Guam
- EUR/USD: Consolidation Phase: Levels & Targets
