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ForexFXStreet

British Pound: BoE repricing risk grows – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes GBP/USD is trading heavy near its 200-day moving average as United Kingdom (UK) gilts stabilize. August Consumer Price Index (CPI) slightly exceeded the Bank of England's (BoE) projections, but he still expects the BoE to hold rates at 3.75%.

ForexFXStreet

Australian Dollar holds ground as Fed decision looms

AUD/USD trades in a narrow range on Wednesday as investors hold back from taking strong positions ahead of the Federal Reserve’s (Fed) monetary policy announcement. At the time of writing, AUD/USD trades around 0.7134, little changed on the day.

ForexFXStreet

Canadian Dollar: BoC hawkish tilt and key levels – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret report USD/CAD is steady near 1.39 as markets await the Federal Reserve (Fed) and the Bank of Canada’s (BoC) summary of deliberations. They note the BoC is likely to sound more hawkish after firmer inflation data and still-accommodative policy.

ForexFXStreet

United Kingdom: BoE hold view reinforced – Nomura

Nomura’s Global Markets Research team, including Josie Anderson, George Buckley and Andrzej Szczepaniak, notes that UK CPI data for August came in broadly as expected, with headline inflation at 3.1% and core and services measures unchanged.

ForexForexLive

US July business inventories +0.8% vs +0.3% expected

Prior was 0.0% Retail inventories vs -0.5% prior This is a low-tier indicator but it's an important one for GDP and this biases Q3 to the upside. Expect to see GDP trackers climb after this number and the earlier retail sales report. This article was written by Adam Button at investinglive.com.

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