Economic data puts the greenback at the center of central bank chatter


The day to come

For the euro

It is a particularly calm day on the economic calendar. There are no important statistics from the euro area to give direction to the euro.

While there are no statistics, however, central bank chatter will attract interest.

ECB members Panetta, Fernandez-Bello and Lane are expected to speak to ECB President Lagarde later today.

At the time of this writing, the euro was up 0.02% to $ 1.1321.

For the pound

It is also a particularly calm day on the economic calendar.

There are no significant statistics outside of the UK to give direction to the pound.

At the time of this writing, the British pound was up 0.03% to $ 1.3491.

Across the pond

It’s a busier day on the economic calendar.

Philly FED Manufacturing PMI and weekly jobless claims figures are due later today.

Although both sets of figures are influencing, an unexpected jump in claims would surprise the markets.

From the FED, FOMC members Bostic, Williams, Evans and Daly are also due to give speeches on the dya.

On Wednesday, the US dollar spot index fell 0.13% to end the day at 95.790.

For the loonie

It’s a quieter day ahead, with September’s foreign securities buying in focus.

However, we don’t expect the numbers to influence crude oil prices and market risk sentiment on this day.

At the time of this writing, the loonie was down 0.02% to C $ 1.2613 against the US dollar.

For an overview of all of today’s economic events, check out our economic calendar.


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