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BoE not on a pre-set course - ANZ

FXStreet (Guatemala) - Brian Martin, ANZ Research noted that sterling fell in response to the dovish tone to the BoE’s August inflation report and the correction may run further.

Key Quotes

"Interest rates will normalise as the economy recovers but the BoE is not on a pre-set course."

"Geopolitical risks to the economy have intensified and the outlook for wage inflation was downgraded."

Japan Q2 suffers on consumption tax - Scotiabank

Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank notes a vulnerable backdrop in the Japanese economy.
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USD/CHF rebounds and erases losses

The USD/CHF recovered the levels it had before the release of the US retail sales data after rebounding at 0.9040, the lowest price in three days.
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