AugJPY

The early Asia-Pacific session saw the Australian dollar emerge as the strongest among the major currencies while the yen was the weakest. Basically, the Australian CPI came in slightly above expectations at 3.5% vs. 3.4%, but the good news…

The start of the trading week was quiet as the market took a breather after the Jackson Hole summit and comments from Federal Reserve chiefs that reinforced the US interest rate cut in September. The market has priced in about a 35% chance…