GBPNZD leads Kiwi slip after New Zealand CPI data
The New Zealand dollar slipped across the board after NZ CPI q/q on 21 October, with GBPNZD and EURNZD leading the move and smaller losses elsewhere.
The New Zealand dollar slipped across the board after NZ CPI q/q on 21 October, with GBPNZD and EURNZD leading the move and smaller losses elsewhere.
GBPUSD led a faint pound rise after UK CPI y/y at 06:00 UTC, firming versus the dollar, Singapore dollar and euro while flat against yen and franc.
Crypto leads the open as XTZ jumps 4.66% and Bitcoin holds above $82,800, while a softer dollar lifts sterling and palladium lags the metals.
The UK Average Earnings Index lands at 06:00 UTC, with pay growth forecast at 3.8% versus 3.9% prior β the only scheduled release on the calendar for sterling.
Canada's CPI release barely moved the loonie on 19 October: USDCAD edged up while NZDCAD slipped almost as much, a muted, two-sided reaction.
UK GDP m/m landed at 06:00 UTC and the pound's reaction clustered in GBPNOK, up 0.27%, while most other sterling crosses barely moved.
Australia's jobs data landed at 00:30 UTC on Oct 15. The Aussie barely moved β AUDJPY led a slim slide while AUDUSD held completely flat.
Crypto led the US close with Tezos +8.49% and Uniswap +8.14%, while silver, platinum and palladium fell and the dollar softened across most majors.
Crude climbed over 2.4% as USOil hit $92.37, while crypto sold off hard β UNIUSD fell 10.23% and Bitcoin Cash 4.58%. The dollar firmed.
Canada's employment and unemployment data landed at 12:30 UTC and the Canadian dollar eased across the board, with USDCAD leading the modest move.
Sterling drifted lower across every pair in our feed after BOE Gov Bailey spoke at 12:15 UTC, with GBPJPY leading a muted 0.045% slide.
The Nikkei leads the open at 70,824.86, up 1.21% and 47.93% on the year, as the dollar softens across the majors and crypto turns broadly red.