The dollar perched close to a 10-month high against on Thursday, keeping the yen near the psychological level of 150.
EBC Forex Snapshot
28 Sep 2023
The dollar perched close to a 10-month high against on Thursday, keeping the yen near the psychological level of 150. Finance Minister Shunichi Suzuki issued another warning against excessive volatility in currency moves.
Minneapolis Fed chairman Neel Kashkari said on Wednesday that ample evidence of ongoing economic strength meant that more tightening might be in the pipeline.
The Aussie pared some loss even as retail sales data disappointed. The sluggish trend in consumer spending is one reason the RBA paused its rate hikes for three consecutive months.
|Citi (as of 25 Sep)||HSBC (as of 28 Sep)|
The green numbers in the table indicate an increase in data, the red numbers indicate a decrease in data, and the black numbers indicate that the data remains unchanged.
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