Switzerland Exports (MoM) declined to 20491M in August from previous 24116M
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Editors’ Picks
EUR/USD stays below 1.1150 after upbeat US data
EUR/USD pulls away from the daily high it set near 1.1200 and trades below 1.1150 on Thursday. The upbeat data from the US helps the USD limit its losses but the improving risk mood allows the pair to hold its ground in the American session.
GBP/USD retreats below 1.3250 after BoE-inspired rally
GBP/USD loses its bullish momentum and retreats below 1.3250 after touching its highest level since March 2022 above 1.3300 with the immediate reaction to the BoE’s decision to leave the policy rate unchanged at 5%. In the US, weekly Jobless Claims declined to 219K.
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