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The Fed is likely to increase interest rates further

FX:GBPUSD   영국 파운드/미국 달러
EUR/USD 🔼
GBP/USD 🔼
AUD/USD 🔼
USD/CAD 🔼
USD/JPY 🔼
XAU 🔼
WTI 🔽

The latest meeting minutes from the Federal Reserve reiterate the general directions for the central bank would be more rate hikes, allowing USD/CAD to close at 1.3814 after considerable oscillations, USD/JPY also reached a 24-year high at 146.91. Later tonight, year-on-year US CPI figures are expected to run hot at 8.1% - though lower than 8.3% last month.

EUR/USD was last traded at 0.9704, recording minimal growth. The market awaits the German CPI tonight, forecasts estimate a steady 10% rise in September. Although the year-on-year UK GDP has contracted from 2.4% to 2.0%, GBP/USD still rose above the 1.110 level and closed at 1.1103.

AUD/USD traded marginally higher at 0.6276. The gold price gradually increased to $1,673.26 an ounce. Struck by recession fears, WTI oil futures fell further to $87.27 a barrel.

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