외환거래 뉴스 타임라인

.fxs-faq-module-wrapper{border:1px solid #dddedf;background:#fff;margin-bottom:32px;width:100%;float:left;font-family:Roboto,sans-serif}.fxs-faq-module-title{color:#1b1c23;font-size:16px;font-style:italic;font-weight:700;line-height:22.4px;text-transform:uppercase;background:#f3f3f8;padding:8px 16px;margin:0}.fxs-faq-module-container{padding:16px;width:100%;box-sizing:border-box;display:flex;flex-direction:column;gap:12px}.fxs-faq-module-section{padding-bottom:16px;border-bottom:1px solid #ececf1;margin-bottom:0}.fxs-faq-module-section:last-child{border:none;margin-bottom:0}.fxs-faq-module-container input[type=checkbox]{display:none}.fxs-faq-module-header{padding:4px 0;background-color:#fff;border:none;position:relative;cursor:pointer;margin:0}.fxs-faq-module-header label{display:block;cursor:pointer}.fxs-faq-module-header label span{display:block;width:calc(100% - 50px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{content:"";position:absolute;top:50%;right:16px;width:8px;height:2px;background-color:#49494f;transition:all .2s ease-in-out;transition-delay:0}.fxs-faq-module-header label:after{transform:rotate(45deg) translateX(-4px)}.fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(4px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{transition:transform .3s ease-in-out}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:after{transform:rotate(45deg) translateX(4px)}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(-4px)}.fxs-faq-module-content{max-height:0;overflow:hidden;transition:all .3s ease-in-out;color:#49494f;font-weight:300;padding:0;font-size:14.72px;line-height:20px;margin:0}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-content{max-height:1000px;margin-top:8px}@media (min-width:680px){.fxs-faq-module-title{font-size:19.2px;line-height:27.2px}.fxs-faq-module-header{font-size:19.2px;line-height:25.92px}.fxs-faq-module-content{font-size:16px;line-height:21.6px}}XAG/USD up 1.63% as US 10-year yields tumble due to rate-cut bets pressuring the Dollar.Price hits $38.65, clearing last higher-high; next resistance at $39.00, then YTD high of $39.53.Downside risks if $38.00 fails, with supports at $37.50 and $36.21.Silver price rises over 1.63% on Wednesday, boosted by broad US Dollar weakness as traders had fully priced in a rate cut by the Federal Reserve at next month's meeting.Consequently, US Treasury yields, which correlated inversely with XAG/USD, tumbled with the 10-year benchmark note, down five basis points at 4.236%. At the time of writing, the grey metal trades at $38.53, after bouncing off daily lows of $37.85.XAG/USD Price Forecast: Technical OutlookSilver price uptrend remains intact, hitting a three-week high of $38.65 with buyers clearing the last higher-high ahead of challenging the $39.00, with them eyeing the YTD peak of $39.53. From a price action standpoint, if those two levels are cleared, the grey metal could test $40.00 in the near term.Momentum is bullish as depicted by the Relative Strength Index (RSI). Nevertheless, if something goes wrong, XAG/USD’s drop below $38.00 could put buyers under stress, and bears could challenge the latest cycle low of $37.50, the August 12 low. If cleared, the next area of interest would be the July 31 swing low of $36.21.XAG/USD Price Chart – Daily Silver FAQs Why do people invest in Silver? Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets. Which factors influence Silver prices? Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold's. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices. How does industrial demand affect Silver prices? Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices. How do Silver prices react to Gold’s moves? Silver prices tend to follow Gold's moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.

.fxs-faq-module-wrapper{border:1px solid #dddedf;background:#fff;margin-bottom:32px;width:100%;float:left;font-family:Roboto,sans-serif}.fxs-faq-module-title{color:#1b1c23;font-size:16px;font-style:italic;font-weight:700;line-height:22.4px;text-transform:uppercase;background:#f3f3f8;padding:8px 16px;margin:0}.fxs-faq-module-container{padding:16px;width:100%;box-sizing:border-box;display:flex;flex-direction:column;gap:12px}.fxs-faq-module-section{padding-bottom:16px;border-bottom:1px solid #ececf1;margin-bottom:0}.fxs-faq-module-section:last-child{border:none;margin-bottom:0}.fxs-faq-module-container input[type=checkbox]{display:none}.fxs-faq-module-header{padding:4px 0;background-color:#fff;border:none;position:relative;cursor:pointer;margin:0}.fxs-faq-module-header label{display:block;cursor:pointer}.fxs-faq-module-header label span{display:block;width:calc(100% - 50px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{content:"";position:absolute;top:50%;right:16px;width:8px;height:2px;background-color:#49494f;transition:all .2s ease-in-out;transition-delay:0}.fxs-faq-module-header label:after{transform:rotate(45deg) translateX(-4px)}.fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(4px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{transition:transform .3s ease-in-out}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:after{transform:rotate(45deg) translateX(4px)}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(-4px)}.fxs-faq-module-content{max-height:0;overflow:hidden;transition:all .3s ease-in-out;color:#49494f;font-weight:300;padding:0;font-size:14.72px;line-height:20px;margin:0}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-content{max-height:1000px;margin-top:8px}@media (min-width:680px){.fxs-faq-module-title{font-size:19.2px;line-height:27.2px}.fxs-faq-module-header{font-size:19.2px;line-height:25.92px}.fxs-faq-module-content{font-size:16px;line-height:21.6px}} .fxs-event-module-wrapper{border:1px solid #dddedf;background:#fff;margin-bottom:32px;width:100%;float:left}.fxs-event-module-title{color:#1b1c23;font-size:16px;font-style:italic;font-weight:700;line-height:22.4px;text-transform:uppercase;background:#f3f3f8;padding:8px 16px;margin:0}.fxs-event-module-container{padding:16px;width:100%;box-sizing:border-box;display:flex;flex-direction:column;gap:12px}.fxs-event-module-section{padding-bottom:16px;border-bottom:1px solid #ececf1;margin-bottom:12px}.fxs-event-module-section:last-child{border:none;margin-bottom:0}.fxs-event-module-header{color:#1b1c23;font-weight:700;font-size:16px;font-style:normal;line-height:20px;margin:0;padding:4px 0;background-color:#fff;border:none;position:relative;padding-right:32px}.fxs-event-module-header label{cursor:pointer;display:block}.fxs-event-module-header label:after,.fxs-event-module-header label:before{content:"";position:absolute;top:50%;right:16px;width:8px;height:2px;background-color:#49494f;transition:all .2s ease-in-out;transition-delay:0}.fxs-event-module-header label:after{transform:rotate(45deg) translateX(-4px)}.fxs-event-module-header label:before{transform:rotate(-45deg) translateX(4px)}.fxs-event-module-container input[type=checkbox]{display:none}.fxs-event-module-container input[type=checkbox]:checked+.fxs-event-module-section .fxs-event-module-header label:after{transform:rotate(45deg) translateX(4px)}.fxs-event-module-container input[type=checkbox]:checked+.fxs-event-module-section .fxs-event-module-header label:before{transform:rotate(-45deg) translateX(-4px)}.fxs-event-module-content{color:#49494f;font-weight:300;padding:0;font-size:14.72px;line-height:20px;margin:0;margin-top:8px}.fxs-event-module-content.why-matters{max-height:0;overflow:hidden;transition:all .3s ease-in-out}.fxs-event-module-container input[type=checkbox]:checked+.fxs-event-module-section .fxs-event-module-content.why-matters{max-height:1000px;margin-top:8px}.fxs-event-module-calendar-title{color:#1b1c23;font-size:17.6px;font-family:Roboto;font-style:normal;font-weight:700;line-height:20.8px;margin:4px 0 0 0}.fxs-event-module-calendar-title-description-wrapper{display:flex;flex-direction:column;gap:12px;border-bottom:1px solid #ececf1;padding-bottom:16px;margin-bottom:16px}.fxs-event-module-inner-calendar{padding:16px}.fxs-event-module-inner-calendar .fxs-event-module-section{padding:0}.fxs-event-module-inner-calendar .fxs-event-module-header{font-size:12.8px;line-height:17px}.fxs-event-module-read-more{display:flex;align-items:center;align-content:center;gap:4px;color:#e4871b;font-size:12.8px;font-family:Roboto;font-style:normal;font-weight:700;line-height:17px;text-decoration:none}.fxs-event-module-read-more svg{width:16px;height:16px}.fxs-event-module-read-more:hover span{text-decoration:underline}.fxs-event-module-release{margin:0;display:flex;flex-direction:column;gap:2px}.fxs-event-module-release>p{font-size:12.8px;font-family:Roboto;font-style:normal;line-height:17px;margin:0}.fxs-event-module-release>p>strong{color:#8c8d91;font-weight:700}.fxs-event-module-release>p>span{color:#8c8d91;font-weight:400}.fxs-event-module-release>p>a{color:#e4871b;font-weight:700;text-decoration:none}.fxs-event-module-release>p>a:hover>span{text-decoration:underline}.fxs-event-module-inner-calendar .fxs-event-module-container{margin:16px 0 0 0;border-top:1px solid #ececf1;padding:12px 0 0 0}@media (min-width:680px){.fxs-event-module-inner-calendar .fxs-event-module-header{font-size:14.72px;line-height:20px}.fxs-event-module-release p{font-size:14.72px;line-height:20px}.fxs-event-module-read-more{font-size:14.72px;line-height:20px}.fxs-event-module-calendar-title{font-size:22.4px;line-height:25.6px}.fxs-event-module-title{font-size:19.2px;line-height:27.2px}.fxs-event-module-header{font-size:19.2px;line-height:25.92px}.fxs-event-module-content{font-size:16px;line-height:21.6px}}The Australian Unemployment Rate is foreseen at 4.2% in July, down from the 4.3% hit in June.Australia is expected to have added 25,000 new positions in the month, after two months of disappointing figures. The Reserve Bank of Australia trimmed the Official Cash Rate to 3.6% in its August meeting. AUD/USD is technically bullish and could revisit the July peak at 0.6625.Australia will release its July monthly employment report on Thursday at 1:30 GMT, following the Reserve Bank of Australia (RBA) decision to trim the Official Cash Rate (OCR) by 25 basis points (bps) to 3.6%. The Australian Bureau of Statistics (ABS) is expected to announce that the country added 25,000 new job positions in the month, after adding the measly 2,000 announced in June. The Unemployment Rate is foreseen declining to 4.2% after spiking to 4.3% in the previous month, while the Participation Rate is expected to remain unchanged at 67.1%. Australian ABS reports both full-time and part-time positions through the monthly Employment Change. Generally speaking, full-time jobs imply working 38 hours per week or more and usually include additional benefits, and they mostly represent consistent income. On the other hand, part-time employment generally means higher hourly rates but lacks consistency and benefits. That’s why the economy prefers full-time jobs.Back in June, the country lost 38,200 full-time positions, while adding 40,200 part-time ones, quite a discouraging employment report. Australian unemployment rate expected to tick lower in JulyThe Australian monthly employment report has offered relatively tepid readings for two months in a row. The economy lost 2,000 positions in May and added 2,000 in June. The May negative reading included a sharp decline in part-time jobs, making it less worrisome than the June one. Despite ending up positive, the latest employment report included a massive decline in full-time positions. A loosening labour market is generally understood as negative for the economy, but it also means the central bank has no reason to keep interest rates at high levels. Most central banks have claimed that the strength of the sector has somehow limited their decisions to go further down with record rates, and Australia is no exception. The latest employment figures have prompted the RBA’s Board to note that “Labour market conditions have eased further in recent months,” although policymakers said that conditions remain a “little tight.”The central bank met earlier this week and, as previously noted, decided to trim the benchmark rate by 25 bps from 3.85% to 3.6%. Policymakers’ decision was unanimous, as they also agreed that inflation has continued to moderate. Other than that, the Board remains cautious about the outlook, while acknowledging that there is “a little more clarity on the scope and scale of US tariffs and policy responses in other countries, suggesting that more extreme outcomes are likely to be avoided.”Finally, the RBA forecasts inflation to remain within its goal for this year and the next two, while growth is expected to be at 1.7% in 2025 and advance to 2.1% in 2026. Regarding the Unemployment Rate, policymakers forecast it at 4.3% between 2025 and 2027.RBA Governor Michele Bullock offered a press conference following the rate announcement and clarified that a larger rate cut was not on the table. Still, Bullock said that the Board forecasts imply the cash rate might need to be lower to achieve price stability. Meanwhile, it is worth adding that Australian wage growth remained stable in the second quarter of the year, according to the latest ABS report. The wage price index grew 3.4% on a yearly basis, the same rate of increase as seen in the three months to March, and slightly above the 3.3% anticipated. However, on a quarterly basis, the wage price index rose 0.8% in Q2, easing from the previous 0.9% and matching expectations.With that said, tepid job creation is helping reduce interest rates, which in the end, will translate into economic progress. Generally speaking, a strong employment report, with a further easing of the Unemployment Rate and more solid job creation, should provide a boost to the Australian Dollar (AUD). The opposite scenario is also valid, with a softer-than-anticipated outcome putting pressure on the AUD. When will the Australian employment report be released and how could it affect AUD/USD?The ABS July report will be released early on Thursday, and as previously noted, the Australian economy is expected to have added 25,000 new job positions in the month, while the Unemployment Rate is foreseen at 4.2% and the Participation Rate at 67%.1.Ahead of the announcement, the AUD/USD pair posted a nice comeback from the post-RBA low at 0.6481 and hovers around 0.6550 as a better market mood took its toll on the US Dollar (USD). Steady inflation in the United States (US), as reported by the Bureau of Labor Statistics (BLS) through the monthly Consumer Price Index (CPI) report, fueled speculation that the Federal Reserve (Fed) will deliver a rate cut when it meets in September. Valeria Bednarik, Chief Analyst at FXStreet, notes: “The AUD/USD pair trades near a fresh two-weekly high of 0.6562, and is technically poised to extend its advance. In the daily chart, a bullish 100 Simple Moving Average (SMA) has provided support since mid-April, currently standing at around 0.6440, and a potential bottom should the pair collapse with the news. In between, near-term supports come at 0.06520 and 0.6470.”Bednarik adds: “The AUD/USD pair peaked at 0.6625 in July, with gains beyond the recent weekly high favoring a test of the level. Once beyond it, AUD/USD can rally towards the 0.6670 region before finding near-term sellers.” Employment FAQs How do employment levels affect currencies? Labor market conditions are a key element to assess the health of an economy and thus a key driver for currency valuation. High employment, or low unemployment, has positive implications for consumer spending and thus economic growth, boosting the value of the local currency. Moreover, a very tight labor market – a situation in which there is a shortage of workers to fill open positions – can also have implications on inflation levels and thus monetary policy as low labor supply and high demand leads to higher wages. Why is wage growth important? The pace at which salaries are growing in an economy is key for policymakers. High wage growth means that households have more money to spend, usually leading to price increases in consumer goods. In contrast to more volatile sources of inflation such as energy prices, wage growth is seen as a key component of underlying and persisting inflation as salary increases are unlikely to be undone. Central banks around the world pay close attention to wage growth data when deciding on monetary policy. How much do central banks care about employment? The weight that each central bank assigns to labor market conditions depends on its objectives. Some central banks explicitly have mandates related to the labor market beyond controlling inflation levels. The US Federal Reserve (Fed), for example, has the dual mandate of promoting maximum employment and stable prices. Meanwhile, the European Central Bank’s (ECB) sole mandate is to keep inflation under control. Still, and despite whatever mandates they have, labor market conditions are an important factor for policymakers given its significance as a gauge of the health of the economy and their direct relationship to inflation.
Economic Indicator Unemployment Rate s.a. The Unemployment Rate, released by the Australian Bureau of Statistics, is the number of unemployed workers divided by the total civilian labor force, expressed as a percentage. If the rate increases, it indicates a lack of expansion within the Australian labor market and a weakness within the Australian economy. A decrease in the figure is seen as bullish for the Australian Dollar (AUD), while an increase is seen as bearish. Read more. Next release: Thu Aug 14, 2025 01:30 Frequency: Monthly Consensus: 4.2% Previous: 4.3% Source: Australian Bureau of Statistics Why it matters to traders? The Australian Bureau of Statistics (ABS) publishes an overview of trends in the Australian labour market, with unemployment rate a closely watched indicator. It is released about 15 days after the month end and throws light on the overall economic conditions, as it is highly correlated to consumer spending and inflation. Despite the lagging nature of the indicator, it affects the Reserve Bank of Australia’s (RBA) interest rate decisions, in turn, moving the Australian dollar. Upbeat figure tends to be AUD positive.

.fxs-faq-module-wrapper{border:1px solid #dddedf;background:#fff;margin-bottom:32px;width:100%;float:left;font-family:Roboto,sans-serif}.fxs-faq-module-title{color:#1b1c23;font-size:16px;font-style:italic;font-weight:700;line-height:22.4px;text-transform:uppercase;background:#f3f3f8;padding:8px 16px;margin:0}.fxs-faq-module-container{padding:16px;width:100%;box-sizing:border-box;display:flex;flex-direction:column;gap:12px}.fxs-faq-module-section{padding-bottom:16px;border-bottom:1px solid #ececf1;margin-bottom:0}.fxs-faq-module-section:last-child{border:none;margin-bottom:0}.fxs-faq-module-container input[type=checkbox]{display:none}.fxs-faq-module-header{padding:4px 0;background-color:#fff;border:none;position:relative;cursor:pointer;margin:0}.fxs-faq-module-header label{display:block;cursor:pointer}.fxs-faq-module-header label span{display:block;width:calc(100% - 50px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{content:"";position:absolute;top:50%;right:16px;width:8px;height:2px;background-color:#49494f;transition:all .2s ease-in-out;transition-delay:0}.fxs-faq-module-header label:after{transform:rotate(45deg) translateX(-4px)}.fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(4px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{transition:transform .3s ease-in-out}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:after{transform:rotate(45deg) translateX(4px)}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(-4px)}.fxs-faq-module-content{max-height:0;overflow:hidden;transition:all .3s ease-in-out;color:#49494f;font-weight:300;padding:0;font-size:14.72px;line-height:20px;margin:0}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-content{max-height:1000px;margin-top:8px}@media (min-width:680px){.fxs-faq-module-title{font-size:19.2px;line-height:27.2px}.fxs-faq-module-header{font-size:19.2px;line-height:25.92px}.fxs-faq-module-content{font-size:16px;line-height:21.6px}}The Canadian Dollar held steady on Wednesday as Loonie traders weigh bets.The Bank of Canada acknowledged that the economy may not need further rate cuts.Despite a general easing in Greenback flows, the CAD remains trapped in place.The Canadian Dollar (CAD) spun in a tight circle for the second day in a row on Wednesday as Loonie traders look for signs to move in either direction. The US Dollar (USD) weakened slightly, but a lack of CAD momentum kept the USD/CAD pair trapped near 1.3770.The Bank of Canada’s (BoC) latest meeting minutes acknowledged that the Canadian economy may not be in a place that requires further interest rate cuts at this time. The BoC’s internal dialogue at the Canadian central bank’s latest interest rate decision neglected to directly note that the last of seven straight interest rate cuts caused a spike in Canadian bond yields and drove up mortgage prices as investors began to question the BoC’s pace of rate cuts.BoC policymakers instead managed to thread the needle on the observation that the Canadian economy may not be in a place to require further rate cuts, despite ongoing policy turmoil from US tariffs hanging over the Canadian business landscape.Daily digest market movers: Canadian Dollar treads water, Loonie traders wait for a sparkThe Canadian Dollar has skidded to a halt against the US Dollar, churning chart paper near key moving averages.The BoC’s latest meeting minutes revealed little new information, but did confirm to central bank watchers that the BoC is less likely to deliver further interest rate cuts for the time being.After key US inflation data this week confirmed that prices may not be accelerating as fast as many had feared, the Producer Price Index (PPI) is on the docket for Thursday.Business-level inflation tends to exclude all imported goods, so tariffs are unlikely to have any direct impacts.Broad-market bets on three straight rate cuts from the Federal Reserve continue to climb.Canadian Dollar price forecastThe Canadian Dollar’s newfound consolidation phase against the US Dollar has driven the USD/CAD pair into an uncomfortable midrange. Bids are clattering along the 50-day Exponential Moving Average (EMA) near 1.3750, and price action momentum has drained out of the pair, leaving the Relative Strength Index (RSI) stuck in the middle near 53.00.USD/CAD daily chart
Canadian Dollar FAQs What key factors drive the Canadian Dollar? The key factors driving the Canadian Dollar (CAD) are the level of interest rates set by the Bank of Canada (BoC), the price of Oil, Canada’s largest export, the health of its economy, inflation and the Trade Balance, which is the difference between the value of Canada’s exports versus its imports. Other factors include market sentiment – whether investors are taking on more risky assets (risk-on) or seeking safe-havens (risk-off) – with risk-on being CAD-positive. As its largest trading partner, the health of the US economy is also a key factor influencing the Canadian Dollar. How do the decisions of the Bank of Canada impact the Canadian Dollar? The Bank of Canada (BoC) has a significant influence on the Canadian Dollar by setting the level of interest rates that banks can lend to one another. This influences the level of interest rates for everyone. The main goal of the BoC is to maintain inflation at 1-3% by adjusting interest rates up or down. Relatively higher interest rates tend to be positive for the CAD. The Bank of Canada can also use quantitative easing and tightening to influence credit conditions, with the former CAD-negative and the latter CAD-positive. How does the price of Oil impact the Canadian Dollar? The price of Oil is a key factor impacting the value of the Canadian Dollar. Petroleum is Canada’s biggest export, so Oil price tends to have an immediate impact on the CAD value. Generally, if Oil price rises CAD also goes up, as aggregate demand for the currency increases. The opposite is the case if the price of Oil falls. Higher Oil prices also tend to result in a greater likelihood of a positive Trade Balance, which is also supportive of the CAD. How does inflation data impact the value of the Canadian Dollar? While inflation had always traditionally been thought of as a negative factor for a currency since it lowers the value of money, the opposite has actually been the case in modern times with the relaxation of cross-border capital controls. Higher inflation tends to lead central banks to put up interest rates which attracts more capital inflows from global investors seeking a lucrative place to keep their money. This increases demand for the local currency, which in Canada’s case is the Canadian Dollar. How does economic data influence the value of the Canadian Dollar? Macroeconomic data releases gauge the health of the economy and can have an impact on the Canadian Dollar. Indicators such as GDP, Manufacturing and Services PMIs, employment, and consumer sentiment surveys can all influence the direction of the CAD. A strong economy is good for the Canadian Dollar. Not only does it attract more foreign investment but it may encourage the Bank of Canada to put up interest rates, leading to a stronger currency. If economic data is weak, however, the CAD is likely to fall.

.fxs-faq-module-wrapper{border:1px solid #dddedf;background:#fff;margin-bottom:32px;width:100%;float:left;font-family:Roboto,sans-serif}.fxs-faq-module-title{color:#1b1c23;font-size:16px;font-style:italic;font-weight:700;line-height:22.4px;text-transform:uppercase;background:#f3f3f8;padding:8px 16px;margin:0}.fxs-faq-module-container{padding:16px;width:100%;box-sizing:border-box;display:flex;flex-direction:column;gap:12px}.fxs-faq-module-section{padding-bottom:16px;border-bottom:1px solid #ececf1;margin-bottom:0}.fxs-faq-module-section:last-child{border:none;margin-bottom:0}.fxs-faq-module-container input[type=checkbox]{display:none}.fxs-faq-module-header{padding:4px 0;background-color:#fff;border:none;position:relative;cursor:pointer;margin:0}.fxs-faq-module-header label{display:block;cursor:pointer}.fxs-faq-module-header label span{display:block;width:calc(100% - 50px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{content:"";position:absolute;top:50%;right:16px;width:8px;height:2px;background-color:#49494f;transition:all .2s ease-in-out;transition-delay:0}.fxs-faq-module-header label:after{transform:rotate(45deg) translateX(-4px)}.fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(4px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{transition:transform .3s ease-in-out}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:after{transform:rotate(45deg) translateX(4px)}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(-4px)}.fxs-faq-module-content{max-height:0;overflow:hidden;transition:all .3s ease-in-out;color:#49494f;font-weight:300;padding:0;font-size:14.72px;line-height:20px;margin:0}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-content{max-height:1000px;margin-top:8px}@media (min-width:680px){.fxs-faq-module-title{font-size:19.2px;line-height:27.2px}.fxs-faq-module-header{font-size:19.2px;line-height:25.92px}.fxs-faq-module-content{font-size:16px;line-height:21.6px}}a EUR/USD climbs to 1.1730, trades near 1.1700, up 0.20% on the day.US Treasury Secretary Scott Bessent urges a 50 bps September cut, says rates should be 150–175 bps lower.Markets price in 98% odds of a Fed 25 bps cut, 2% for 50 bps.Geopolitical optimism over a possible Ukraine–Russia resolution adds EUR/USD upside bias.EUR/USD surges on Wednesday, hitting a two-week high at around 1.1730 as the US Dollar (USD) gets battered, sponsored by traders speculating that the Federal Reserve (Fed) might turn dovish following remarks by US Treasury Secretary Scott Bessent. At the time of writing, the pair trades at 1.1699, up by more than 0.20%.Earlier, US Treasury Secretary Scott Bessent commented that the Fed should reduce borrowing costs by 50 basis points at the September meeting due to weakness in the labor market. He added in an interview with Bloomberg that rates should be “150, 175 basis points lower.”Monet market players rushed to almost entirely price in a quarter of a percentage point. Prime Market Terminal data shows odds at 94%, with a slim 6% chance for a 50-bps rate cut at the September 16-17 meeting.Tuesday’s US inflation report showed that the headline Consumer Price Index (CPI) in July was unchanged at 2.7% YoY from June, below forecasts of 2.8%. Core CPI jumped above estimates of 3%, coming at 3.1%, up from 2.9% in the previous month.In Europe, Germany reported that inflation in July hit the European Central Bank (ECB) and the Bundesbank 2% goal, as expected. Contrarily, in Spain, the CPI was 2.7% YoY for the same period. Nevertheless, ECB guidance had shown that the Governing Council turned more neutral regarding monetary policy after cutting rates at the last meeting.Expectations that the interest rate differential between the Fed and the ECB may reduce substantially are a tailwind for EUR/USD. This, alongside hopes of a solution to the Ukraine-Russia conflict, could propel the pair higher in the near term.Ahead this week, the EU’s economic docket will feature the release of jobs data, Industrial Production, and the Gross Domestic Product (GDP) for the bloc. In the US, the Producer Price Index (PPI) is awaited, along with Initial Jobless Claims and Fed speeches.Daily digest market movers: EUR/USD climbs as traders fully priced in Fed rate cutNow that inflation figures on the consumer side are in the rearview mirror, traders' focus shifts to Thursday’s Producer Price Index (PPI). Economists project a rise in core PPI from 2.6% to 2.9% YoY in July.Chicago Fed President Austan Goolsbee stressed that economists agreed on the importance of the Federal Reserve’s independence from political influence, warning that such autonomy is essential to prevent inflation from returning. He described tariffs as a “stagflationary shock” and expressed concern that they could act as a one-time event triggering transitory inflation.Looking ahead, Goolsbee said upcoming Fed meetings will be “live,” indicating that most policymakers will avoid pre-committing to interest rate decisions, keeping options open based on incoming data.The US Dollar Index (DXY), which tracks the performance of the buck’s value against a basket of its peers, is down 0.26% at 97.80, a tailwind for the EUR/USD pair.On the European Central Bank (ECB) front, the easing cycle seems to be on pause for the September meeting, with 94% odds for the ECB to keep rates unchanged, and a slim 9% chance of a 25 basis points (bps) rate cut.Technical outlook: EUR/USD hovers near 1.1700 as bulls’ target 1.1800The uptrend continued, with EUR/USD trading near the 1.1700 figure. A daily close above the latter could pave the way for testing the current week’s high of 1.1730, ahead of 1.1750. A breach of the latter will expose 1.1800, and the YTD high at 1.1829.Conversely, if EUR/USD ends the session below 1.1700, sellers would remain hopeful to test the 1.1650 mark in the near term. Resting below that level is the confluence of the 20- and 50-day Simple Moving Averages (SMAs) at around 1.1627/20, before 1.1600. Euro FAQs What is the Euro? The Euro is the currency for the 19 European Union countries that belong to the Eurozone. It is the second most heavily traded currency in the world behind the US Dollar. In 2022, it accounted for 31% of all foreign exchange transactions, with an average daily turnover of over $2.2 trillion a day. EUR/USD is the most heavily traded currency pair in the world, accounting for an estimated 30% off all transactions, followed by EUR/JPY (4%), EUR/GBP (3%) and EUR/AUD (2%). What is the ECB and how does it impact the Euro? The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy. The ECB’s primary mandate is to maintain price stability, which means either controlling inflation or stimulating growth. Its primary tool is the raising or lowering of interest rates. Relatively high interest rates – or the expectation of higher rates – will usually benefit the Euro and vice versa. The ECB Governing Council makes monetary policy decisions at meetings held eight times a year. Decisions are made by heads of the Eurozone national banks and six permanent members, including the President of the ECB, Christine Lagarde. How does inflation data impact the value of the Euro? Eurozone inflation data, measured by the Harmonized Index of Consumer Prices (HICP), is an important econometric for the Euro. If inflation rises more than expected, especially if above the ECB’s 2% target, it obliges the ECB to raise interest rates to bring it back under control. Relatively high interest rates compared to its counterparts will usually benefit the Euro, as it makes the region more attractive as a place for global investors to park their money. How does economic data influence the value of the Euro? Data releases gauge the health of the economy and can impact on the Euro. Indicators such as GDP, Manufacturing and Services PMIs, employment, and consumer sentiment surveys can all influence the direction of the single currency. A strong economy is good for the Euro. Not only does it attract more foreign investment but it may encourage the ECB to put up interest rates, which will directly strengthen the Euro. Otherwise, if economic data is weak, the Euro is likely to fall. Economic data for the four largest economies in the euro area (Germany, France, Italy and Spain) are especially significant, as they account for 75% of the Eurozone’s economy. How does the Trade Balance impact the Euro? Another significant data release for the Euro is the Trade Balance. This indicator measures the difference between what a country earns from its exports and what it spends on imports over a given period. If a country produces highly sought after exports then its currency will gain in value purely from the extra demand created from foreign buyers seeking to purchase these goods. Therefore, a positive net Trade Balance strengthens a currency and vice versa for a negative balance.