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US dollar trading mixed ahead of Fed meeting
There were several economic releases out of the US this morning including retail sales, producer prices, empire manufacturing and industrial production. Retail sales and empire manufacturing missed their forecasts, while producer pricing was higher than expected. Markets will remain focused on decision from the Fed due tomorrow.
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FX Rates
June 15, 2021Rates are not real time. Rates are today's indicative mid-market rates as of time of publishing, which may vary. Please contact SVB for a current quote.
EUR/USD 1.2118 GBP/USD 1.4075 USD/CAD 1.2182 AUD/USD 0.769 USD/JPY 110.11 USD/CNH 6.4051 USD/ILS 3.2428 USD/MXN 19.9938 USD/CHF 0.8996 USD/INR 73.3150 USD/BRL 5.0782 USD/SGD 1.3270 USD/DKK 6.1367 USD/SEK 8.3246 USD/NOK 8.3271
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USD
The US dollar trades mixed against its peers following several data releases. US retail sales, product price inflation and industrial productions were all released this morning.
GBPSterling is trading lower under pressure following news that outlined a delay in the UK’s full economic reopening.
EUREUR/USD is trading modestly higher after hitting a one-month low of 1.2093 on Monday. The currency pair is expecting to remain in a tight trading range as investors focus on the Fed’s policy meeting tomorrow.
CADUSD/CAD is trading stronger hitting a high of 1.2199. The Canadian dollar weakened to levels not seen since May 13 ahead of US data that would provide the market insight into the economic recovery.
ASIA/PACIFICAustralian dollar is trading lower after June minutes from the RBA were released outlining different options for its QE program which will be announced at the central bank’s July policy meeting.
USD/JPY remains in a tight trading range of 109.99-110.17.
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| Source: Bloomberg | |
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