US Dollar (USD)

It is going to be a busy week as investors look to a new month. Two key events will stand out: the RBA’s interest rate decision and the economic data from the United States. We are also expecting monthly PMI reports across various…
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Reports emerged on late Friday that the US was considering blocking investments in China. The deliberations which are not yet finalized are aimed at restricting US investments in China’s markets. A lack of regulatory oversight was cited…
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The US durable goods orders will be coming out today. Forecasts indicate a possible decline in August. A panel of economists polled expects US durable goods orders to fall 3.1% on the month in August. This would reverse the 2.0% revised…
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The final revised GDP figures for the second quarter will be due today with no changes expected. Economists maintain that the second-quarter GDP will rise by 2.0%, unchanged from the second estimates released a few weeks ago. From a…
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Consumer Confidence continued to recover in August at a faster pace than economists had anticipated.  It closed the gap from June's decline at 121.5 and improved the positive average. Expectations are for the CB's monthly index to…
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The FOMC will be concluding its two-day monetary policy meeting this Wednesday. The meeting ends with a release of the monetary policy decision by central bank officials. Investors will also get to see the quarterly economic projections…
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The monthly retail sales report, a barometer of consumer spending, is due to be released today. Forecasts Economists forecast that retail sales will moderate, after rising strongly in July. Retail sales are forecast to rise by 0.3% on the…
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The monthly inflation report for August will be coming out later today during the US trading session. Inflation expectations, based on the economists polled, point to a moderation in the data. Economists forecast that inflation will rise…
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The US producer prices index data will be released by the Department of Commerce ahead of tomorrow’s consumer price index data. Economists are forecasting that the producer prices index will rise at a slower pace of 0.1% on the month. In…
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The Bureau of Labor Statistics will be releasing the monthly nonfarm payrolls report today. Economists forecast that the payrolls report for August will be a tad softer. The US unemployment rate is forecast to remain steady at 3.7% in…
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