From ANZ’s monthly FX outlook: (In brief, bolding is mine) More on the USD More: FORECAST CHANGES: Related posts: U.s. Crude Futures Extend Gains in Post-Settlement Trade After Api Reports Larger-Than-expected Crude Stock Draw for Last Canada GDP dropped 0.2% in May Boj Minutes: One Member Said Cut Price Forecast As Pace of Improvement in Output Gap Was Likely to Remain Moderate, Inflation Philadelphia fED Non-Manufacturing New Orders Index 10.3 in Aug Vs -5.4 in July Post navigation Japan Industrial Production (April, preliminary): +4.0% m/m (expected +4.2%) China (May) Non-manufacturing PMI: 54.5 (prior 54.0)
