Time | Country | Event | Period | Previous value | Forecast | Actual |
---|
06:00 | United Kingdom | PSNB, bln | September | -16.8 | -22.6 | -21.8 |
During today's Asian trading, the US dollar rose against the euro, the pound, as well as the Australian and New Zealand dollars, but fell against the yen.
The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), rose 0.08%.
Further growth of the index restrains the strengthening of expectations that central banks of other countries will tighten monetary policy at a faster pace. The growth of stock and commodity markets also weakens the demand for safe haven assets.
Inflationary pressure leads to an increase in expectations that regulators such as the Bank of England, the European Central Bank (ECB), as well as the RBA and RBNZ raise rates faster than the US Federal Reserve.
The Australian dollar fell 0.4% against the US dollar. The pressure on the AUD/USD pair was exerted by the Fitch Solutions report, in which the agency worsened the forecast regarding the currency for the next year.