The BBDXY has had an Asian range of 1237.68 - 1240.11, Asia is currently trading around 1237. USD/JPY has edged lower after Japanese Finance Minister Kato said he will seek an opportunity to discuss currency matters with US Treasury Secretary Scott Bessent when the two are in Canada for a meeting of Group of Seven officials."*UCHIDA: WAGES EXPECTED TO KEEP RISING DUE TO TIGHT LABOR MARKET" - BBG. The USD/CNY fix was set at 7.1991. Today's fixing is sub the 7.2000 level for the first time since Apr 7. It comes despite the stronger USD index levels overnight, although some offset was from lower USD/CNY levels.
Data/Events :Ger ZEW Survey, US CPI
Fig 1: GBP/USD Spot Daily Chart
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Date | ET | Impact | Event |
14 Apr | 1100 | ** | NY Fed Survey of Consumer Expectations |
14 Apr | 1130 | * | US Treasury Auction Result for 26 Week Bill |
14 Apr | 1130 | * | US Treasury Auction Result for 13 Week Bill |
14 Apr | 1300 | Fed Governor Christopher Waller | |
14 Apr | 1800 | Philly Fed's Pat Harker | |
14 Apr | 1940 | Atlanta Fed's Raphael Bostic | |
15 Apr | 0830 | ** | Import/Export Price Index |
15 Apr | 0830 | ** | Empire State Manufacturing Survey |
15 Apr | 0855 | ** | Redbook Retail Sales Index |
15 Apr | 1130 | ** | US Treasury Auction Result for 52 Week Bill |
15 Apr | 1910 | Fed Governor Lisa Cook | |
16 Apr | 0700 | ** | MBA Weekly Applications Index |
16 Apr | 0830 | *** | Retail Sales |
16 Apr | 0915 | *** | Industrial Production |
16 Apr | 1000 | * | Business Inventories |
16 Apr | 1000 | ** | NAHB Home Builder Index |
16 Apr | 1030 | ** | DOE Weekly Crude Oil Stocks |
16 Apr | 1200 | Cleveland Fed's Beth Hammack | |
16 Apr | 1300 | ** | US Treasury Auction Result for 20 Year Bond |
16 Apr | 1330 | Fed Chair Jerome Powell | |
16 Apr | 1600 | ** | TICS |
16 Apr | 1900 | Dallas Fed's Lorie Logan, KC Fed's Jeff Schmid | |
17 Apr | 0830 | *** | Jobless Claims |
17 Apr | 0830 | ** | WASDE Weekly Import/Export |
17 Apr | 0830 | *** | Housing Starts |
17 Apr | 0830 | ** | Philadelphia Fed Manufacturing Index |
17 Apr | 1030 | ** | Natural Gas Stocks |
17 Apr | 1145 | Fed Governor Michael Barr | |
17 Apr | 1300 | ** | US Treasury Auction Result for TIPS 5 Year Note |
18 Apr | 1100 | San Francisco Fed's Mary Daly | |
18 Apr | 1300 | ** | Baker Hughes Rig Count Overview - Weekly |
18 Apr | 1300 | ** | Baker Hughes Rig Count Overview - Weekly |
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