Usd

Australia's unemployment rate is recorded to have increased from 3.5 percent to 3.7 percent in July 2023. As a result, AUDUSD fell.

The increase in income contributes significantly to the inflation rate, potentially pressuring the Bank of England (BoE) to raise interest rates once again.

Yesterday's UK interest rate announcement left the British pound hanging. The market needs to monitor the upcoming economic data.

The US dollar was hit as the decline in the ISM PMI report was seen as a negative sign ahead of the Nonfarm Payroll (NFP) data release on Friday.

The Reserve Bank of Australia not only kept the interest rate unchanged but also seemed less enthusiastic about raising it again.

The USD/JPY fluctuated as the Bank of Japan announced that they would adopt a more flexible approach to implementing YCC..

This morning's inflation data in Japan revealed a continuous rise, albeit falling short of the consensus estimate.

The Fed interest rate announcement didn't surprise most traders. But, the scale of the increase in future projections was surprising.

Initial jobless claims in the US show a trend that shook the Fed's interest rate speculation and US dollar exchange rate.

Many factors are holding back the US dollar rally ahead of the Fed's interest rate meeting. One of them is the more hawkish policies of other central banks.