PT Solid Gold Berjangka | Dollar Advances Before US CPI Data, Yen Weakens

03:11 13 September in Commodity, SOLID GOLD BERJANGKA | SOLID GROUP

The dollar outperformed its Group-of-10 peers amid speculation the US inflation data for August will print stronger than expected and boost Treasury yields higher. The yen weakened.

USD/JPY advanced 0.2% to 147.39, adding to Tuesday’s 0.3% rally.

US August inflation data due later Wednesday; CPI is expected to have risen 0.6% on month, compared with 0.2% pace the previous month, according to median estimate in Bloomberg survey.

AUD/USD fell for a second day with a decline of 0.3% to 0.6410.

Descending 50-DMA may come into play and dovetail with a triple top at 0.6522 to further define topside resistance.

EUR/USD was little changed at 1.0751 as investors await ECB monetary policy decision on Thursday in which a majority of economists surveyed by Bloomberg expects no change at 4.25%.

GBP/USD was little changed at 1.2489.

Source: Bloomberg

Indeks DolarUSD/JPY,AUD/USD,

No Comments

Post a Comment