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The GBP is the strongest and the CHF is the weakest as the NA session begins

The GBP is the strongest and the CHF is the weakest as the North American session begins. The UK CPI came in at 6.8% a bit higher than the forecast of 6.7% (although down from 7.9% last month) and has the pound moving more to the upside. The USD is mixed with modest gains vs the JPY, CHF and declines versus the GBP and NZD. The EURUSD, USDCAD and AUDUSD are little changed.China has pledged to achieve its annual economic goals by enhancing consumption and investment, as stated by Premier Li Qian... Read More

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Posted: Aug 16 2023, 12:09

Author Name: forexlive

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