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ForexLive European FX news wrap: Currencies muted as markets settle down after China woes

Headlines:Dollar has the recipe for the next leg higherPressure on the Chinese yuan is a tailwind for the dollarStocks see a snap rebound on the sessionGerman economy ministry: Early indicators don't yet point to sustainable economic recoveryGermany July wholesale price index -0.2% vs -0.2% m/m priorSNB total sight deposits w.e. 11 August CHF 484.8 bn vs CHF 492.9 bn priorMarkets:USD mixed, little changedS&P 500 futures up 0.2%US 10-year yields down 1.8 bps to 4.150%Gold flat at $1,913.42WTI cru... Read More

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Posted: Aug 14 2023, 11:36

Author Name: forexlive

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