TODAY'S BIGGEST PERCENTAGE MOVERS

THE STORIES IN THE CURRENCY MARKET

• WORSE OF BOTH WORLDS FOR THE DOLLAR
• EUR: ANY FIREWORKS FROM ECOFIN?
• GBP: BETTER CPI DOESN'T CHANGE BOE DIRECTION
• RBNZ: DELAYS RATE HIKE
• CAD: MANUFACTURING SALES REBOUND
• AUD: SHRUGS OFF DECLINE IN GOLD
• JPY: BOJ INTERVENTION CONCERNS RETURN

EXPECTATIONS FOR UPCOMING FED MEETINGS

CURRENT US INTEREST RATE: 0.25%
	9/20 Meeting	11/02 Meeting
NO CHANGE	70.0%	70.0%
CUT TO 0 BP	30.0%	30.0%
HIKE TO 50 BP	0.0%	0.0%
CUT TO 75BP	0.0%	0.0%

WORSE OF BOTH WORLDS FOR THE DOLLAR

CPI - Worse of Both Worlds for the Greenback

EUR: ANY FIREWORKS FROM ECOFIN?

GBP: BETTER CPI DOESN'T CHANGE BOE DIRECTION

RBNZ: DELAYS RATE HIKE

JPY: BOJ INTERVENTION CONCERNS RETURN

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EUR/USD: Currency in Play for Next 24 Hours

EUR/USD will be our currency pair in play for the next 24 hours. From Europe, we are expecting current account data at 4:00AM ET/ 8:00 GMT, followed by trade balance at 5:00AM ET/ 9:00 GMT. In the U.S., there will be Net Long-Term TIC Flows report at 9:00AM ET / 13:00 GMT and U of Michigan Confidence index at 9:55 AM ET/ 13:55 GMT.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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