EUR/USD
1.16262
0.034%
Gold
4437.34
0.569%
Oil
90.724
-0.015%
USD/JPY
153.192
-0.749%
GBP/USD
1.35393
-0.006%
GBP/JPY
207.416
-0.749%
Real-time News
September 8th - Analyst Robert Howard stated that the US August CPI data could determine whether the Federal Reserve will favor raising or maintaining interest rates at next weeks decision, and will also impact the dollars performance. According to the median forecast in a Reuters poll, the overall CPI is expected to rise 0.4% month-on-month and 3.4% year-on-year; core CPI is expected to rise 0.2% month-on-month and 2.4% year-on-year. If the data is higher than expected, hawkish voices will rise, calling for a rate hike by the Fed in September, potentially boosting the dollar. Conversely, if the data is weak, doves will advocate for maintaining interest rates unchanged for the sixth consecutive time, which could be detrimental to the dollar. The market currently sees a 57% probability of a Fed rate hike this month, after strong non-farm payroll data last Friday led to a shift in expectations towards a hawkish stance. This shift occurred 24 hours after Fed Governor Waller made dovish comments, which had previously pressured the dollar; seven days earlier, Fed Chairman Warshs hawkish guidance at Jackson Hole had boosted the dollar.September 8 - The Saudi-led coalition in Yemen stated today (September 8) that Houthi rebels attacked civilian and economic facilities in Abha, Khamis Mushait, Najran, and Jizan in southwestern Saudi Arabia, injuring 73 people. The coalition stated that it will respond firmly to the Houthi attacks.The Saudi-led coalition in Yemen says the Houthi attacks on Saudi Arabia have seriously escalated the situation.The Saudi-led coalition in Yemen said it would respond firmly to the Houthi attacks.The Saudi-led coalition in Yemen claims that Houthi rebels attacked civilian and economic entities in Saudi Abaha, Khamis Mushait, Najran, and Jazan.
