non sono operativo ma vi lascio appunti che leggo
USD Weakens After The House Postpones Vote
Market Brief
The yen and Swiss franc strengthened toward records against the dollar with USDCHF trading at 0.7997 after U.S. lawmakers delayed a vote on a plan to raise the debt limit to avert a default, boosting demand for refuge currencies. The franc extended its sixth monthly gain, the longest in 17 years, after U.S. Representative Kevin McCarthy said yesterday that there would be no House vote that day. The EURUSD fell to 1.4257 and the EURJPY weakened to 110.59 after Moody's said it may cut Spain's credit rating. Spain's Aa2 ratings were placed by Moody's on review for possible downgrade and the country's Prime-1 short-term ratings are unaffected by today's action. The AUDUSD fell to 1.0926 and NZDUSD declined to 0.8651 as a slide in Asian stocks sapped demand for higher-yielding assets. The USDJPY headed for a fourth-weekly decline to 77.45 before a government report today that economists said will show growth slowed last quarter. GDP expanded 1.8% in Q2, compared with 1.9% in the previous quarter, according to estimates.
Equity markets declined after the vote on debt limit ceiling was postponed till today as investors see this as non-availiability of an agreement on the talks which could keep the Dollar weaker against most currencies and markets could continue to still see weakess as the voting has been postponed indefinitely but the House is expected to meet at 1500GMT to take discussions further. On the data front, US jobless claims were better than expected at 398k, while Pending Home Sales came in better at 2.4% MoM. Economic data have been mixed from the US and we have the US GDP figures, University of Michigan confidence figures due today. The debt-limit increasing debates could keep markets tentative and there could be measures taken to avoid default with focus remaining largely on this issue through the day.