U.S. shelved a report on currencies; USD increased slightly during the night

Yen was the only currency that has overtaken the dollar during trading in Asia, save a little above the level of 81.0. Markets are a bit more confident that the Bank of Japan will not start the unilateral intervention, because the U.S. delayed the report on currency, strengthening the belief that the G20 meeting next month will be centered around the global monetary policy.
U.S. shelved a report on currencies. Semiannual report on currency, which was posted on Friday, was postponed. Recall that the publication of the previous report was also delayed to give China more time to show flexibility in the policy yuan (at the end of the report was published in early July). Feeling that the U.S. wants to look forward to seeing G20, and then publish it.

Sheath U.S. inflation fell slightly. The current period is characterized by historic highs and lows of all time floating exchange rates (since the early 70's). Past - to new lows key index of consumer prices in the U.S., which fell in September to 0.8%, as shown by statistics published on Friday. At present, the gap between what we see on inflation and the fact that the market expects. Market expectations of inflation higher by half a percentage point compared with the end of August, to the extent that the market was laid for further easing.

Translate this page